I posted the following question to foolish questions and was told to try this forum, so here goes.I have a stock that was purchased over a number of years. I hold thecertificates for the eariest buys and some of the splits. The last splitis held by the ESPP administrator (Chicago Trust). Under the FIFO rules,when I want to sell this stock do I have to sell the stock that I bought1st, in which case I would have to send the certificates to Chigago Trustor can I sell the ones that are allready held in the book account? Some ofthe certificates are for multiple shares. Does the FIFO rule apply to onlymultiple shares in one stock certificate or to all the stock? Also, thestock is in four different owner names. Does the rule cover all names forthat stock or on a owner by owner basis?Thanks.
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