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- 20 May 2008
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So I bought a stock at like 1.60 and watched it tumble down to around .40 cents anyway i picked up a few more at .51 and on the broker page it averaged out the cost basis at around 1.01...
If the price increases a bit, can I sell off the second parcel amount of shares and take a profit on that parcel, or do both parcels get lumped together and averaged at the cost basis listed on the broker?
I hope this makes sense.
Thanks.
If the price increases a bit, can I sell off the second parcel amount of shares and take a profit on that parcel, or do both parcels get lumped together and averaged at the cost basis listed on the broker?
I hope this makes sense.
Thanks.