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Re: Conrad post# 33888

Tuesday, 02/22/2011 11:21:50 AM

Tuesday, February 22, 2011 11:21:50 AM

Post# of 47340
Yikes!

Conrad: Let me clarify...

Concept:
On Buys, PC increment = Trade $ amount.
On Sells, PC decrement = Cost of Shares sold (LIFO).

Example:
Last week I got a Sell on LAB.
I sold 500 @ 4.50 with proceeds of 2,250.00
The last shares I bought (Last In) were in October, 2010.
I bought 700 @ 3.30.
The Sell 'consumed' 500 of those 700 shares.
So the cost of the shares sold were 500 * 3.30 = 1,650.00

Therefore the PC decrement would be 1650, not 2250.

Again, I'm only pondering this approach in order to deal with adjusting any internals given Stop Loss actions.

Best Regards, Steve (The Grabber)

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