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Subject:  Re: Help me understand Impairment in layman's te Date:  12/15/2010  12:18 PM
Author:  DoubleMyNet Number:  2135 of 2244

Peter, it's the stock market, there's no thing as a sure bet. But I appreciate your input. It will take a few days to get my mind wrapped around this.

Any additional explanation from other fools will be appreciated here. It is a fairly interesting case study for me here. It sounds like a case of buying high and then writing off the loss against income for the year they impair the loss. Is that like breaking even? (over the first couple of years, I mean.)
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