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Message: Accounting Question/Housekeepin...

Accounting Question/Housekeepin...

posted on Sep 27, 2009 09:03AM

Just curious how most people handle this situation:

You buy a stock which doubles

So you sell off half to cover all of your cost and play the balance with free money

Do you adjust the average cost of the remaining stock down to zero?

or maintain the original average cost you bought at

Just curious

safeharbour

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