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Author: PushShanmugam One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121189  
Subject: Loss & Lots Date: 10/9/2000 11:18 PM
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I want to get rid off one of my worst performing stocks, so that I can take advantage of loss in my tax return.

I had bought this stock in three lots. And I am in big red with this stock and all these transactions/lots are in loss. The stock is really beaten down during this Nasdaq sell off. So, I want to sell only my first lot. If I sell just my first lot, I am still holding this stock in portfolio. Is it possible to show that loss in my Tax return or should I completely remove my position to take the tax advantage.

Pushapraj
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