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Non-Tech : The Critical Investing Workshop
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To: abuelita who wrote (29863)8/21/2000 8:58:22 AM
From: SE  Read Replies (2) of 35685
 
roserrsp,

If I did the math correctly, you put in $6800 to buy RMBS, you received $325 for the option and $7750 for the stock when called. That is a return of 19.69%. (7750-(6800-325)/7750). There are managers that would kill for that on an annual basis. You did it in one month!

That is remarkable and wonderful! Congrats!

-SE
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