stock8-29-09 /天亮

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stock8-29-09

   http://news.yahoo.com/s/ap/20090827/ap_on_bi_ge/us_doomed_stocks

   Maybe people have zombie stocks FNM, FRE, AIG. What should you do about it? I'd say sell it and claim tax deduction. You may recall that I recommended selling all stocks, especially tech stocks duing the tech bubble bust. NT is a good example. I still remember Jiawei said "take a drink of water; nothing bad would happen". Jianing said "how can he sell"? If Jiawei sold all his NT stock, just below $19 he would at least have preserved some capital.

   I had my share of bad call, e.g., ERG and NAL. Will ask ATO how to deduct zombie stocks in my tax return.

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