Que:
You must be confused:
"How would your performance have been if you sold at the close? The winner is ....... PTEN"
The best way I can calculate it is your recommendation is up 6.6%, with all funds fully at risk. The benchmark is your call: go long 1,000 PTEN at the open on Monday, right?
My position, using 1/12th the capital, is now still up 70% with 35% now in cash.
"If you want to know how to make money on BDBBR buy a load of PTEN on Monday and sell it when it hits $36. Its that simple. I said similar things with PTEN at $18 and how many people here watched it rise 50%."
Message 21281100
And I confirmed with this:
"So, your pick is buy PTEN at this price? Closing price on Friday was $23.97. I noted no reference to a buy-stop or stop loss, so I will assume that simply purchasing at the open on Monday is good enough, and hold with a GTC order to sell at $36.00?
May 3rd, buy at open 1,000 shares of PTEN."
siliconinvestor.com
You confirmed it, you could look it up.
Here is the update:
1. PTEN equity--updated--5/4/2005.
Long 1,000 shares of PTEN at the open, $23.93, commission of $9.95, total capital at risk: $23,939.95
Closing value at $25.53: $25,530.00
Net gain: $1590.05
Percentage gain: 6.6%
Current capital at risk: $25,530.00 (all)
Cash: 00.00
2. KWK options.
a. Long 20 KWK May 55 calls at 0.95, commissions of $25.90, total capital at risk: $1925.90
Closing value at $1.65: $3300.00
Net gain: $1348.10
Percentage gain, first trade: 70%
b. Long 20 KWK May 55 calls at 1.05, commissions of 25.90, total capital at risk: $2125.90
Current capital at risk: $2125.90
Cash: $1148.10
Percentage gain: 70%
Kb |
