Netflix had a 7:1 Stock split this month...

[MrWestGrand]

need to update the Stock Trade, because you got my portfolio looking like when it should be looking like .

Thank You.

 

[mannyrs13]

Is the price on the stock wrong? I don't know how I lost so much money on it.

 

[MrWestGrand]

Is the price on the stock wrong? I don't know how I lost so much money on it.

No the amount of shares you have should be times 7. It split at 7:1. The amount of shares you have now x 7 x the current price of the stock now/per share = your true market value.

Exp.

I had 100 shares with the strike price of $400 a share with a value of 40k

Since the split, I should have 700 shares at what ever the stock is trading @ currently.

 

[mannyrs13]

No the amount of shares you have should be times 7. It split at 7:1. The amount of shares you have now x 7 x the current price of the stock now/per share = your true market value.

Exp.

I had 100 shares with the strike price of $400 a share with a value of 40k

Since the split, I should have 700 shares at what ever the stock is trading @ currently.

Oh ok, cuz I saw I purchased at like $400 and when I looked at the stock history, it was never that high. But you're right. Might be due to the stock split never factoring into the price.

 

[MrWestGrand]

Damn! Can we update the stock trader, y'all got my Coli portfolio looking like its on a diet and shyt.

 

[mannyrs13]

Add this to today's work list.