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Through Nov. 17th, '01, I held stock in Homestake Mining Co.(HM) which I had Long, over three years.
HM got bought out by Barrick Gold (ABX) and as part of the buyout all shares of HM were converted to ABX at the rate of 1 HM:0.53 ABX. So now I have all ABX shares.

Q: If I sell the ABX shares now will the IRS see that as a Long or a Short hold?
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