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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: matvest who wrote (14656)	1/29/2001 10:01:02 AM
From: Bernie Goldberg	Read Replies (1) of 18928

Hi, There are many things wrong with this picture. For starters AIM would not give you a buy order until Stock A drops to $8.13. At that point it would tell you to buy about 65 shares which would be about $528. Since stock B is a $15 stock you would buy 34 or 35 shares. (about $525). I don't understand why you would put in a buy order at 9 which you decide not to execute. I also do not understand how a buy order at 9 would not be executed if the price went down to 5. After you purchase of 35 shares of a $15 stock you would have: 500 shares at $8.125 = $4,062.50 35 shares at $15.00 = 525.00 Your total "mini-fund" would be worth $4,587.50 and you would have $4,475 left in Cash Reserve. At this point I would set up the mini-fund. I would go into Newport's maintenance section and would saysay that the number of shares was 700 and then go to the Fix a price section and correct the price to $6.5535 which is $4587.50 divided by 700. It is true that 90% of your portfolio is stock A and 10% is stock B. The next time you get a buy order it will most likely be because Stock A has gone down some more. You will then buy some more Stock B. In thinking about it I have come up with an answer to the italicized section above. You probably have your safes set at 0/0. I would recommend changing them to 10/10 as Mr. L recommends. You wrote: All future trades will be based on stock B, but I only have 33 shares to work with and the portfolio is heavily overweighted toward stock A. I would ask why. I would do my buying in Stock B until I had used up my Cash Reserve. Since you stock A has tanked your not about to be doing any selling in A until it starts back up. After all the cash reserve is used up you might even find that B was a larger portion of your fund than A. AIM takes more than one or two transactions for it to work its magic. Hope this helps Bernie

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