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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks -- Ignore unavailable to you. Want to Upgrade?


To: Robert Knight who wrote (12404)11/19/1997 10:20:00 AM
From: Gene  Read Replies (1) | Respond to of 13351
 
I know we've been through this before, but I guess I wasn't aware that we actually have to SELL the shares to claim the loss if the company has filed Chapter 7 bankruptcy. Can someone please set me straight here? Doesn't seem reasonable to have to pay commission to sell worthless paper. Michael? Anyone?

I seem to remember that a CPA was lurking around here last year when this came up. R U still here?