Anthony @ Equity Investigations, Dear Anthony, Message Board

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

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To: Michael T Currie who wrote (64664)	12/18/2000 10:52:51 PM
From: Joe Lyddon	Read Replies (1) of 122087

OK... If I Bought it at 3 and Sold it for 12, that's a profit of 9... let's see... 12 less my cost of 3 = 9. Now... I made 9 on the transaction which cost me 3 (my Investment)... The ROI (return on Investment) is 9 divided by 3 = 3 or 300%. Am I missing something here?! What is the difference when you buy or sell or sell or buy? Edit: The NET difference is the Same! In order to borrow, you need the collateral... In order to buy, you need the cash... Joe

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