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Strategies & Market Trends : ahhaha's ahs

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To: Yamakita who wrote (3981)	1/28/2002 10:17:58 PM
From: GraceZ	Read Replies (1) of 24758

Its the return on investment not the percentage move on the stock. He "invested" $.30 to get $60. You'd have no problem with that calculation if you looked at a long transaction that an insider had made where they received pre-ipo shares at $.30 and sold them at $60. There's no difference in figuring the return long or short. Actually it works out to be better than what Jochen figured because he would have gotten paid interest on the $60 while he had to hold it as margin from the sale. Of course I can't see him holding that short as it rose up to previous highs in April 2000. You never know though, stranger things have happened.

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