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Re: abidkazi post# 7562

Friday, 05/03/2013 10:51:59 AM

Friday, May 03, 2013 10:51:59 AM

Post# of 16322
You can't go by the cost figure provided in your discount broker web trading software. You have to track your own costs (ACB) by yourself to get accurate figures.

The cost figures you see are distorted because you entered back into the stock before the system had a chance to clear the cost info from you previous position in BBRY. So what you end up with is a distorted cost. The only way it is accurate is if you let the entry from you first position be cleared (a couple of days usually?) after you have sold. IF you nuy a position and then start buying and selling part of that position, the cost basis just gets more and more distorted with each sale. This is true of most software used by investors utilizing self-directed brokerage accounts.

JFF7

It's better to be out wishing you were in than in wishing you were out.

"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes

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