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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Carl van Rooyen who wrote (84266)	1/3/2000 9:48:00 PM
From: jas cooper	Read Replies (1) of 90042

When a stock ticks up one point and you are long 1000 shares, you have a $1000.00 pretax profit. This is true if it's Berkshire Hathaway or any other stock Where is the logic in that? If you have $10,000 to play with, you can buy 1000 shares of a $10 stock or 1 share of a $10,000 stock. In the first case a 1 point gain will net you $1,000 (less commission). In the other your net is $1. Your assumption is flawed...

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