posted
Is MTDX trading? It had new rev news this morning.
MSEP - some thoughts on where this puppy is going. It is extremely low now - WAY off of it's high a few months back. If it ran back to that point, you would be looking at .019 back to .08's
That is an unreal % gain.
Your thoughts?
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
| IP: Logged |
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
| IP: Logged |
quote:Originally posted by net10708: Is MTDX trading? It had new rev news this morning.
MSEP - some thoughts on where this puppy is going. It is extremely low now - WAY off of it's high a few months back. If it ran back to that point, you would be looking at .019 back to .08's
That is an unreal % gain.
Your thoughts?
Be very wary, i am in this stock and what started out as a $300 is now worth $5.50, they always report all of this promising news but no financial reporting to show actual revenue, and no info about them on the web other than their press releases. They just went through a reverse split and symbol change, so you can't see all the old new without looking hard.
-------------------- Dear Lord, Please help me to be the man my dog thinks i am. Posts: 158 | From: Charleston,SC,USA | Registered: Feb 2004
| IP: Logged |
posted
well looks like i was wrong for now, it is just hard to have any faith in a stock that has taken a 1,000 investment (gamble) down to around $15 (not even enough to justify selling it.)
-------------------- Dear Lord, Please help me to be the man my dog thinks i am. Posts: 158 | From: Charleston,SC,USA | Registered: Feb 2004
| IP: Logged |
quote:Originally posted by chadsly: Makes a good tax break.
Yes, but i held on to it, maybe this year. How does that work, if you buy a stock in 04 and sell for a loss in 05 can you still write it off, what is the maximum in losses you can write off?
-------------------- Dear Lord, Please help me to be the man my dog thinks i am. Posts: 158 | From: Charleston,SC,USA | Registered: Feb 2004
| IP: Logged |
quote:Originally posted by chadsly: Makes a good tax break.
Yes, but i held on to it, maybe this year. How does that work, if you buy a stock in 04 and sell for a loss in 05 can you still write it off, what is the maximum in losses you can write off?
depends on your filing status, i believe; "official" traders can write off losses, expenses, overhead, etc, but investors can not. IRS site explains...
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
