Thanks Babs. I was actually asking about the stock we now own, not the PP, but I guess that answer would mean for both. If it comes back at a nickel it seems to me that it would be a good thing to take a tax loss and transfer $5,000 to the new account so that when it went up again at least that would be tax free. Or, on second thought I guess you couldn't really have it both ways and take it as a tax loss, just a loss, but at least when it went up you wouldn't have to pay tax on it.

Goldie