Egghead Computer (EGGS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Egghead Computer (EGGS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: zax who wrote (2411)	8/7/1998 9:13:00 AM
From: Timothy R. West	Read Replies (2) of 8307

ZAXBOWOW, Your money management is interesting. You have $3,618 in EGGS, and you have $21,338 short in AMZN. Why so much more money short than long? Also, the average range on AMZN is 10 points per day, so that means you could have a $1500 loss or profit in AMZN on any day. EGGS average range is 2.2 points, so you could have a $660 profit or loss on EGGS on any given day. I'll assume that an up-day would be worse for you than a down day for the group since AMZN would lose you $1500 and EGGS would make you $660 for a net loss of $840. Again, these are simple average ranges I'm using for this analysis. Perhaps if you doubled the size of your EGGS position or cut your AMZN position in half, you could more properly adjust your risk. Sincerely, TRW

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next