SELL: PLAY (NASDAQ)

This is a belated sale announcement. It turns out that NVIDIA (NASDAQ: NVDA) completed an acquisition of PortalPlayer Inc. on January 5 for $13.50 a share that it had announced in November. Under the circumstances, I would have received the solicitation from my broker if I really owned the stock. Since PLAY is no longer being quoted on the NASDAQ, I don't have much choice absent other information but to retroactively sell the stock on January 1 for $13.50.

I owned 266 shares of PLAY. Hence, the sale looks like this:

Initial bank account: $292.37
Total revenue: 266 x $13.50 = $3591.00
Total cost (transactions): $15.00
Final bank account: $3883.37

The initial purchase price was $10.10 back on June 18. The return looks like this:
Return per share: $3.40
Net return: $3591.00 - $2686.60 = $904.40.
Percent return: 33.7%

Unfortunately, I think I'll have to keep track of a few other figures in sell transactions:

Total short-term capital gains: $904.40
Total long-term capital gains: $0.00

I'm not sure whether to tax myself at made-up rates close to the actual rates, or whether to just keep track of the numbers above and have the problem that the total return figures over time will be hugely inflated by not taking taxation into account. Given that tax rates change constantly, I think it will be better to ignore taxes and to take the final figures with a grain of salt.

Portfolio:

• PNCL (NASDAQ): 333
• CALL (NASDAQ) : 545
• SGTL (NASDAQ): 271
• KG (NYSE): 131
• ANIK (NYSE): 254
• PPD (NYSE): 78
• HNR (NYSE): 217
• MOT (NYSE): 133
• PWEI (NASDAQ): 90
• HRB (NYSE): 109
• CLMT (NASDAQ): 79
• FCX (NYSE): 46
• FDG (NYSE): 82
• XJT (NYSE): 378
• DLX (NYSE): 112
• ASEI (NASDAQ): 49
• INTX (NASDAQ): 265
• CECO (NASDAQ): 113
• CRYP (NASDAQ): 148
• UIC (NYSE): 49
• CONN (NASDAQ): 105
• HGT (NYSE): 102
• WIRE (NASDAQ): 117
• IPS (NYSE): 27
• SHOO (NASDAQ): 81
• IIN (NASDAQ): 138
• LMS (NYSE): 82
• KSWS (NASDAQ): 70
• WON (NYSE): 338