LOL, Stockstar is telling AIM not to give advice, then he gives his own, mathematical example, but totally phucks it up!!
Stockstar, if you're saving $4500 & ya got 10,000 shares in your example, how does that give ya 18 cents per share (would that not be a $1800 savings???)
Bet ya used 25,000 shares by mistake, didn't ya??
Oh well, it was the thought that counts buddy!
Think he meant 45 cents per share
Bottom line, he's just trying to help us all
But, you're Correct Stockstar:
"Think About It"
"Bull Board Morons"
LOL, what ya see in the mirror?
RE:RE:Oh My!
Aim, people need to do what they must to better their financial situation. You should not be here offering advice such as "hold and never let go" for fear of losing control over a dead company. SLI ain't comm'in back bro! Say some one was a holder of 10K shares at 2.50 average SP. That's a 25K investment. They can claim a capitol loss of 12.5K. If they have capitol gains of 25K they pay tax on 50% of that... or 12.5K for a total tax of say $4500. So if they let the worthless stock go they can save $4500 in tax. Those share that are presently worthless and will most certainly never trade again can be worth $4500 in tax saving. By losing the trash the trash becomes worth 18 cents a share. Let people contact their tax advisors for advice and stop trying to tell them what to do. It's getting pretty old and people have already lost too much listening to bull board morons. 18 cents beats 0 cents. Think about it!
Read more at http://www.stockhouse.com/companies/bullboard#mMiYZm04H5gCooy7.99
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