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Promotora de Informaciones, S.A Message Board

troy.torrison 1 post  |  Last Activity: Feb 25, 2016 11:49 AM Member since: Sep 19, 2013
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    Correct Math?

    by tacbos49 Feb 25, 2016 11:20 AM
    troy.torrison troy.torrison Feb 25, 2016 11:49 AM Flag

    I think your math is correct (as far as I can tell) and I'm pretty close to the person you describe (although, I didn't own as much NRF as you project starting out). It's incredibly confusing from a tax/cap gain perspective and makes selling this stock a real pain to calculate the basis. Especially since I changed brokers and the original purchases were dollar cost averaged over some years. The complexity of the spin offs and opaque balance sheet are reasons why the stock has done so badly IMO!

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