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Bullboard - Stock Discussion Forum Magellan Minerals Ltd MAGNF

"Magellan Minerals Ltd is an exploration stage company. The Company along with its subsidiaries is engaged in the exploration and development of mineral properties, with a focus on gold properties in Brazil."

OTCPK:MAGNF - Post Discussion

Magellan Minerals Ltd > One more thing.
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Post by ceosss on Jul 31, 2012 6:16pm

One more thing.

I would love to stay and talk with you guys all night but I have the mcdonalds late shift tonight and I have to run. Let me help you and your fellow office accountants before I leave.  

A realized loss is when you sell a position that is down. 

An unrealized loss is when you still own a position that is worth less than you paid for it. It is still in fact a loss. It is right there in the term for it. 

Now, technically you can say you haven't "lost" anything because you still have hope, but according to your bank or any other institution that would care about your net worth, it is, for the time being at least, lost.  Hope I made the office howl with that one.

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