InvestorsHub Logo
Followers 1
Posts 222
Boards Moderated 0
Alias Born 11/22/2006

Re: syffud post# 22787

Friday, 01/19/2007 3:29:04 PM

Friday, January 19, 2007 3:29:04 PM

Post# of 162847
Yep! Same as if I buy 10,000 shares at .01, then 10,000 at .02 then 10,000 at .03..........I would then have 30,000 shares at a cost basis of .02........and sale of those shares above .02 would be subject to cap gain tax. Conversely, and sell below .02 would be able to be written off as a loss. All the above IMO....

Igster
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.