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AZCowboy

01/17/20 1:35 PM

#608033 RE: steel58 #608032

~ Investors ? or trolls ? Who Owns COOP ? (LOL) ~

AZ

cents2ks

01/17/20 3:11 PM

#608081 RE: steel58 #608032

Steel...your brokerage account has several options to control which shares are sold from your account first.

FIFO - First in First out
LIFO - Last in First out

Are the two most common ones.

You can also direct your broker to sell a specific tax lot.

See here:
https://www.investopedia.com/articles/05/taxlots.asp

And call your broker and have them walk you through how to make these decisions on your platform.
It is very important stuff...you must make this decision BEFORE any transaction is Finalized...T+3.