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nortel stock

2389 Views 2 Replies 3 Participants Last post by  humble_pie
I have a friend that holds nortel stock and is on a fixed pension. Here is the question as simple as I can put it. If he has no capital gains in the year how does he write off a loss on this stock that he says still shows up at a price of half a cent. I will try to get more info from him as this was just a quick conversation or if anyone can help with a suggestion it would be appreciated.
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