Thread: Shorting a stock and it goes to Zero
View Single Post
  #2  
Old 11-17-2007, 02:15 PM
Mark1808 Mark1808 is offline
Senior Member
  
Join Date: Jan 2005
Posts: 590
Default Re: Shorting a stock and it goes to Zero
If you have a company that has gone busto you can get a letter from your broker deeming the securities to be worthless. At least this is how you claim a loss on stocks that go bust.
Reply With Quote