I am new to stock trading and have been using stockpile and robinhood to purchase fractional shares. Why does Seeking Alpha not allow fractional shares in the Portfolio option?
So many of the new online brokers support fractional shares, and with stocks like Google and Amazon that are $1000-$2000 a share, fractional shares really need to be supported.
Absolutely. We are hoping to add support for that very soon. While we are on the topic, I'd love your feedback about a related change we were considering.
We are thinking of removing support for purchase date, price, short positions and commission. Meaning, you could only enter the number of shares for each holding. The idea being, if we simplify the amount of holdings info, we can be better positioned to offer more powerful portfolio functionality in other areas (e.g. dividend income calculator, portfolio weightings by sector, country). If we support more advanced holdings features it gets much more complex and inhibits our ability to add more features.
So long story short- do you use the more advanced fields or do you rely on your broker for that information?
Thanks,
Daniel
Hi,
I'm merging this with a similar request. Please see there for my response.
I have a growing small portfolio of dividend paying stocks that I want to track in Seeking Alpha. I use a fractional share investing brokerage. The Portfolio screen in SA, however, only permits me to enter whole numbers in the 'Shares' field. I'm surprised that SA hasn't built fractional share capability into the portfolio functionality: if all of the underlying math and formulas to drive that functionality are already in place, why not make a configuration change to allow fractional shares?