Replies to post #141031 on American Green Inc (ERBB)

[doone]

It will default to the Last In for your cost base when you sell. If you cannot see a place online to designate the lot you wish to use as your cost base (first in)then notify your broker to designate your preferred lot (Last in)
Again, I do not give tax advice, please talk to your tax advisor.

Just went into my account and took a look at all the options. It seems silly to keep it at FIFO, LIFO seems like it would allow you to accumulate more long term tax positions. Is LIFO what most penny stock traders have set? Thanks again for any help on the matter.