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Posted

We used to call that a cabinet trade. You short a stock on its way to $0.00, but never close your position, so you've taken in the receipts from the short sell, there is no cost to borrow a stock that went belly up, and never closing the trade means no tax liability for the capital gain.

 

Now I'm sure that when it hits $0.00, not only will the major shareholder claim he sold via a proxy at >$70, but he'll also claim he was heavily short.

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Posted (edited)

Down almost 8% today while the overall market was flat.  😂

 

Edited by shdmn
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Posted
19 hours ago, Old Croc said:

So, who's lining up to buy his crypto? All 3 of his sons have recommended it.

Barton is running it , Trump has No clue , Barron  is worth 80 million 4 cars 4 wallets , at least I know who the grifter feeds and it ain’t Americans 

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