by jdziat » Sun Nov 18, 2012 8:14 pm
I've noticed when you purchase stocks from another company the cost at which you acquired the stock is not appropriately reported. Which would be fine if it also didn't seem to have a significant impact on your companies market cap. My 10 billion market cap company was able to jump 3x by two simple stock purchases in which i took a horrific beating financially but still was reported as saying i made greater than 3000% returns.
I've noticed when you purchase stocks from another company the cost at which you acquired the stock is not appropriately reported. Which would be fine if it also didn't seem to have a significant impact on your companies market cap. My 10 billion market cap company was able to jump 3x by two simple stock purchases in which i took a horrific beating financially but still was reported as saying i made greater than 3000% returns.