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Abbott Laboratories Message Board

meteorbyte 6 posts  |  Last Activity: Mar 24, 2014 11:35 PM Member since: Jan 4, 2005
  • Reply to

    TAX PROBLEM WITH NYX TO ICE TAKEOVER, NEED HELP

    by meteorbyte Mar 17, 2014 8:27 PM
    meteorbyte meteorbyte Mar 24, 2014 11:35 PM Flag

    THANKYE for that reply. i guess the real question is: Is the 1099 the final word. because obviously it doesn't reflect the ICE/NYX merger and gains/loss reality. will try to call the broker and get this straightened out. yep, i DO have a huge loss on this stock. and i will be using it against any gains, and/or the $3000 we're allowed to use losses against personal income... hopefully the broker will come up with something, but i don't put much stock in brokerages anymore, as companies/institutions seem to be getting lazier and lazier and less customer-service minded these days. .............

  • it certainly doesn't appear a lot of posts are being made on this board, - - but i've got to present a problem, with the hope someone knows how to fix it. IT INVOLVES AMERIPRISE, the brokerage.

    I had a 1000 shares of NYX, bought way back at around 100 per share, so 100,000. carelessly i hung on to it
    once it dove down big time. with the ICE takeover of NYX i received about 16,000 for my 1000 shares of NYX and 171 shares of ICE. THE PROBLEM IS WITH MY IRS FORM 1099. my brokerage actually shows me as having earned roughtly $1,500 dollars in the whole deal. when in actuality i LOST about $49,000 ($100,000 minus 16,000 minus 35,000 the latter of which is about the current value of my 171 shares of ICE.
    The problem is made worse, because the IRS is obviously more interested in the 1099 form and its figures rather than my calculated loss of around $49,000. DOES ANYONE SEE A WAY, - A REALISTIC WAY - OF STRAIGHTENING THIS ALL OUT? as i see it, the brokerage is not going to issue me a different 1099 based on my calculations. Any serious help would be appreciated.

  • it certainly doesn't appear a lot of posts are being made on this board, - and certainly not as they were being made on the NYX board, - but i've got to present a problem, with the hope someone knows how to fix it:
    I had a 1000 shares of NYX, bought way back at around 100 per share, so 100,000. carelessly i hung on to it
    once it dove down big time. with the ICE takeover of NYX i received about 16,000 for my 1000 shares of NYX and 171 shares of ICE. THE PROBLEM IS WITH MY IRS FORM 1099. my brokerage actually shows me as having earned roughtly $1,500 dollars in the whole deal. when in actuality i LOST about $49,000 ($100,000 minus 16,000 minus 35,000 the latter of which is about the current value of my 171 shares of ICE.
    The problem is made worse, because the IRS is obviously more interested in the 1099 form and its figures rather than my calculated loss of around $49,000. DOES ANYONE SEE A WAY, - A REALISTIC WAY - OF STRAIGHTENING THIS ALL OUT? as i see it, the brokerage is not going to issue me a different 1099 based on my calculations. Any serious help would be appreciated.

  • meteorbyte by meteorbyte Feb 28, 2014 4:44 PM Flag

    it's being rumored in print that chevron is considering selling off
    those assets it has which store and move oil
    around the country....
    can someone tell me how chevron then
    avoids being ripped off in any FUTURE movements
    of its product around the country?
    do these types of asset sales
    come with special rates deals for chevron's
    future oil transport needs ?

  • meteorbyte meteorbyte Feb 15, 2014 12:37 AM Flag

    a major oil taking a takeover-look at MUR ??

  • meteorbyte by meteorbyte Feb 9, 2014 5:54 PM Flag

    IF ANYONE ELSE HAD A "MY PERSONAL PORTFOLIO" ON AOL, AND FOUND THAT IT HAS BEEN "REMOVED," - THAT IS, REROUTED TO SOME OTHER COMPANY'S SITE WHICH OFFERS TO LET ONE HAVE "MY PERSONAL PORTFOLIO" BACK IF ONE LOGS IN AND ESTABLISHED A "BROKERAGE"/MESSAGING RELATIONSHIP WITH THE NEW COMPANY (IES), - THEN PLEASE LET ME KNOW HOW YOU GOT YOUR PERSONAL STOCK INFORMATION, INCLUDING DATES BOUGHT AND PRICES PAID, -- HOW YOU GOT THAT BACK.
    IN THE MEANTIME I AM POSTING THIS AND HOPING SOME COMPANY TYPES ARE READING THIS MESAGE BOARD.
    please! AOL has allowed your company to basically
    hijack my personal information
    which was stored by me in a Favorite called "My Personal Portfolio"

    PLEASE, HAVE AOL RESTORE THIS PORTFOLIO
    LONG ENOUGH SO THAT I MAY COPY SOME OF THE NUMERS
    OF SHARES AND PRICES FOR WHICH PURCHASED
    IN THE PAST.

    I HOPE YOU CAN UNDERSTAND THAT I INVESTED A LOT OF TIME
    A LOT OF TIME
    PUTTING THIS PORTFOLIO TOGETHER.

    I HAVE NO INTENTION OF ENTERING AN INVESTMENT RELATIONSHIP WITH YOUR COMPANY(IES)
    I JUST WANT MY INFORMATION BACK !!
    PLEASE OPEN UP "MY PERSONAL PORTFOLIO" LONG ENOUGH SO THAT I MAY GET SOME DATES AND PRICES-PAID FOR SOME STOCKS
    AND I WILL BE HAPPY AND YOUR COMPANY WON'T HAVE TO DEAL WITH MY PROBLEM ANY FURTHER....

    SINCERELY

ABT
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