Search Results for 'Short selling'
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We thought bank shares had hit floor six months ago. What should we do?
Q. My wife and I have AIB and Bank of Ireland shares that we bought about six months ago in the expectation that the stock has reached its floor. We were obviously very wrong. I have now huge paper losses on these stocks. Should I sell them and realize a loss which presumably I can offset against my tax? Can I use the paper loss in any way if the selling the shares now makes no sense?
