Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: HairBall who wrote (47311)	12/5/1999 6:24:00 PM
From: lifeisgood	Read Replies (2) of 122089

LG, If you buy $20K at $1 you get 20K shares and if you sell those 20K shares at 10 you now have $200K before commissions and taxes. I'm afraid your logic is flawed. If you go long 1 share of a stock that moves from 20 to 100, you make 80. If you short a stock from 100 and cover at 20 you make 80. The $80 spends the same whether it was aquired from a long or short position. Talking about percentage gains is irrelevant. best... LIG

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