clrodrick - I tried to post a reply on May 3rd but was unable to because of Yahoo. Today was the first for some reason. I am NO tax expert but I do my own taxes and have for years and I can't imagine you NOT being able to claim any losses from any gains. My answer to booth questions is YES you can. I would contact your
brokerage firm and ask them how they will report it to the IRS? That it's self should give you the answer.
Ordinary income is ordinary income. I think the reason you can't find the definitive answer is because YOU
can. - W.E.J.
cirodrick - I held all my shares of DHT as I have been saying I want to see the 1st Qtr report. I am going to hold longer as I believe there will be even better days ahead. I am still holding NVGS - GASS - DHT - EURN - NNA. Did sell some EURN at the peak. I really believe the low oil prices will help the shippers over the next 12 - 18 months.