Is this why the aggregate "price" doesn't always reflect the actual purchased price average on a positions chart? I got into that situation with CDEV back in summer when it was bouncing around and I did a couple of reloads. I didn't understand the difference at the time.
It certainly will cause the aggregate price to be dissimilar from your purchased price. It can be frustrating because it takes time for the wash sale rule to be reflected in your account. More often than not it will be the following day that you are suddenly looking at a different price that what you believe you paid for a stock.
Appreciate the info here. Do I have to account for this in any way when I do my 2020 taxes? Or can I just upload my TD Ameritrade Form 1099 and let TurboTax work its magic?
Thanks for that insight. Always learning here.
I was gonna do the same but fidelity caveat emptored me
I can't speak for every broker but I can for TD Ameritrade. The 1099 that you receive will have all your short and long term gains and losses. Your short term net and long term net are what you will need to pay taxes on. This will be clear on the form. Turbo Tax will be able to figure it out for you if you feed it the data on the form. 1099 forms will be available by February 16. So they cam make sure they have caught any was sale adjustments in those 30 days after the end of the year.
Bummer.
I have made a good chunk of change off the micropenny stuff but its a little scary. I always play with little amounts 100-200 bucks. I dont really understand them but Fred has rarely been wrong so I trust him. I will get my ass handed to me on one of them sometime.
Who is Fred?I have made a good chunk of change off the micropenny stuff but its a little scary. I always play with little amounts 100-200 bucks. I dont really understand them but Fred has rarely been wrong so I trust him. I will get my ass handed to me on one of them sometime.
If I had held my HCMC until the peak yesterday, I would have turned 200 bucks in to 10,000.00. That one stings a little bit.
I had 4,000,000 shares @.02 and sold for .03I have made a good chunk of change off the micropenny stuff but its a little scary. I always play with little amounts 100-200 bucks. I dont really understand them but Fred has rarely been wrong so I trust him. I will get my ass handed to me on one of them sometime.
If I had held my HCMC until the peak yesterday, I would have turned 200 bucks in to 10,000.00. That one stings a little bit.
I meant 0002 and sold for .0003I had 4,000,000 shares @.02 and sold for .03
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FredADavis on the stocktwits app.
Do you have link for the report on this?
Yeah, well, I sold mine at $3.30 a share, so feel good about yourself!Still riding OCGN no seat belt. Had over 29K worth yesterday but pulled back pretty hard yesterday and today. Next PR should send this over $20 a share.
Still not bad for a $620 investment.
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I had 10 millions shares and doubled my money but what could have been kind of makes it sting. But I made money so I'm happy.I had 4,000,000 shares @.02 and sold for .03
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