The only thing here that puzzles me is when you sell a stock that is worth less than the commission for selling it, can you deduct MORE than the $150 it cost you in the first place?
With no gains, yes you can deduct this against ordinary income. You can deduct up to $3000 against ordinary income. You aren't required to have any gains.
Perhaps you know a broker who would give you $1 for it so you wouldn't get a negative amount of proceeds from the sale!
Best wishes, Chris