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  1. Those are questions for an accountant, m4l. i have no idea.

    Posted by: daveinbedstuy at March 23, 2010 4:26 PM

    actually, I only trust a tax attorney for this stuff.

    hey, multiples for biz has dropped and if this NOL angle is still viable, it’s some juicy returns

  2. denton, I met the management last Thursday. These guys are impressive and totally focused on just dry bulk Panamex fleet, unlike other shipping companies that own containers, etc.

  3. “”alternative” bar hopping””

    That what we’re called now? Alternatives? So, it’s Alternatives in the Military? And Alternative Marriage? I didn’t get the memo. Better go check with Snappy . . .

  4. dibs, I just checked out some comments on the SB yahoo board. Interesting. I’ve been sitting on some cash, waiting for a pullback. Been waiting a long time 🙁

    No stocks half off this month, or brownstones either.

  5. DIBS/Denton,

    do you guys know if tax laws have changed a lot recently and one CANT buy a failed or failing incorporated small business for it’s NOL to offset profits from existing biz.

    DIBS,

    am thinking of this angle as price for biz is much more reasonable now and I presume there’s got to be tons of failed biz to tap for the NOL – ie if tax codes still allow that

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