..in reguards to stocks and taxes, as one purchases say SGR through out the year, example our day traders, all buys for the year end ( 2010 ) are totalled up and all sells are total. ..say you purchased 100,000 shares at a cost of $ 400,000 for the yr so your adjusted cost base is $ 4.00 per share and you sell only 50,000 shares in 2010 at $ 5.00 per share for a total of $ 250,000. your cost for the 50,000 share had a cost base of $ 4. each x 50,000 shares for a buy of $ 200,000 and a sell cost of 50,000 at $ 5.00 = $ 250,000 for a gain of $ 50,000 for the yr of 2010. The remaining 50,000 share for 2010 you did not sell have a cost base of $ 4.00 going forward into 2011 and if you purchase more shares in 2011 then this will add to your adjusted cost base going forward if your purchase was higher than $ 4.00 a share or if say your buys are $ 3.00 then your adjusted cost base would be lower then $ 4.00 a share. One cannot match up buys and sells, you must have a continuing cost base on the buy side ( running total )especially if your day trading, i have been buying since 05 and have always had a adjusting cost base going forward.. PS : Rayanne, i am surprised a purchase of SGR shares were allowed into your account if cash was not available to make the purchase as on-line trading requires cash to cover the trade, a quick phone call to your Institution would and should result in a cancellation of the order and inwhich case would void the buy and sell orders. PS:for those that switch to on-line trading may i suggest TD Waterhouse, TD has e-sevice which at yr end gives you a total print out on buys and sells for each company for tax purposes, saves one alot of time and money as all totals are done for you. Long On The GoldenFairWay. Traps7