| shallom | Thursday, May 31, 2012 - 01:15 am 
for those who actively trade stocks, is any one else experiencing a glitch that says you bought a particular share for a negative price, and sometimes those aren't even the prices you bought hem for? |
| Redman | Thursday, May 31, 2012 - 01:45 am
This happens when you buy stock at a low price and somewhere down the road that stock splits a few times and increases in value. If you do see this then you did a super job picking that stock and buying it. : D Basically it means that the price you paid for that stock initially has been completely over taken by the worth and value the shares you currently own. |
| shallom | Thursday, May 31, 2012 - 03:46 am
ahh thanks i had a feeling that was what it was |
| shallom | Thursday, May 31, 2012 - 04:03 am
but then what does it mean when i buy a stock for $10 and then i come back and its says i paid $29,440.00 |
| Redman | Thursday, May 31, 2012 - 11:03 pm
sounds like reverse split. Stock shrunk and shares were reverse split making it look like you paid more when you paid the same, you just have less shares now. |
| Star Polarity | Thursday, May 31, 2012 - 11:47 pm
The other way to get the extreme numbers is to keep trading in that stock. If you buy 1000 shares at $1000 (total cost $1,000,000) and it later drops to $1 and you sell 999 shares (got only $999 back), it will say you are left with 1 share that cost you:
$1,000,000 - $999 = $999,001.
Even though you never paid $999,901 for a share, that is what your last share will list as the price you paid. In effect it is how much you have put into the stock net.
John Gilbert |
