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Crazylegs

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Crazylegs

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Re: jipn post# 5511

Wednesday, 05/30/2007 5:36:52 PM

Wednesday, May 30, 2007 5:36:52 PM

Post# of 221872
jipn...

you can't possibly have lost more than $1611. If you squeeze out one turd and it breaks up into hundreds, did you flush hundreds of turds or just one?

If you were serious about your post, you have to adjust your original basis (cost per share) to the post split cost per share. Your loss is now the total cost less the sales price. In your example, you have assumed your purchase price grew proportionately with the forward splits.




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