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Re: SSKILLZ1 post# 115

Friday, 05/25/2012 10:56:26 AM

Friday, May 25, 2012 10:56:26 AM

Post# of 362
Question about the cost basis on double downs. If I select stock "A" at the beginning of the contest at an opening price of $6 a share, and I later double down Stock "A" after it has dropped to $2, would the cost basis of the entire position be averaged. In the example, would the cost basis of the entire doubled-down position be adjusted to $4 for purposes of the contest? TIA.

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