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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: Morry who wrote (9343)8/18/1998 12:36:00 AM
From: T L Comiskey  Read Replies (1) | Respond to of 11684
 
If it stops trading...meaning no buyers...im lead to believe...you take it as a loss....if it ever starts again...the gain is 100%...ask someone more knowledgeable......it's new ground...but i have heard of similar cases.......Tim



To: Morry who wrote (9343)8/18/1998 12:38:00 AM
From: LT  Read Replies (1) | Respond to of 11684
 
Where the company is flat "out of business" you can take your entire investment as a loss in figuring net capital gains. Or I sure am going to. Right now I would have to pay more in brokerage fees then I'd get from the stock lol...not really funny though :((

LT


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