Another WPTE post

[Dan Mezick]

There actually used to be an advantage tax-wise in shorting a stock that goes to zero.

Since you never have to cover, you never used to have the taxable event.

Now when a shorted stock goes to zero, it is considered to be a taxable event even in the absence of a buy-to-cover action.

Too bad.

Can WPTE go to zero? Yes, in the trading game anything can happen at any time.

[lastsamurai]

why are you guys wasteing your time with this company when there are so many other better investments out there...