I bought a stock that lost 50% of its value a week after I bought it and now has announced de listing.

I only put about $500 into it but damn. Reminder to do my homework.

This page is a permanent link to the reply below and its nested replies. See all post replies »

KiwiBird · 36-40, F

You bought a "penny dreadful" a boom/bust stock. You are a gambler?
Good news your losses can offset any gains as far as tax liability goes.