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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (18551)	4/11/2024 7:25:19 PM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Respond to of 26764

I'm not a tax advisor and this is not guaranteed accurate but... Your cost basis does not change when someone buys your shares for cash. It really doesn't matter if it is another company or an investor other than sometimes the other company will give you shares AND cash so you need to check with them for how the cost basis is split for that. Likewise, if you only get stock for your shares, then the cost basis PER SHARE of the new stock adjusts but your TOTAL cost basis for what you get should be unchanged.