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here is what I had:

1700 shares of stock A, with cost basis of $10.
1100 shares of stock B, with 3 different cost basis'.

Company A has acquired company B (pooling of interests)on Dec 21. Stock B is no longer traded, but my broker has not processed the transaction. My 1100 shares of B will be converted into 4141 shares of A, with cost basis of 1129 @ 7.23, 1129 @ 7.56 and 1883 @ 6.90. Today stock trades at about 8.75.

If I sell short about 4000 shares of stock, later, when the broker processes the transaction, I will be able to instruct him to cover the short sale with specific shares. But I can not do that (send instructions) at the time of short sale. And being able to identify shares is the matter of declaring gain or loss.

The sequence of purchases was like this:
1700 of A, 300 of B, 300 of B and and 500 of B.
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