Securities Resolution Advisors, Inc (PAID) Message Board

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Microcap & Penny Stocks : Securities Resolution Advisors, Inc (PAID)

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To: LANCE B who wrote (91)	1/26/1999 10:41:00 AM
From: MaryinRed	Read Replies (2) of 135

Hi Lance...Here is a sample of the kinds of trades I make. Athm is buying XCIT.... ATHM is giving 1.04 share of ATHM for each XCIT share. Well, I currently hold 500 shares of ATHM....hmmmmm... ATHM is at $110.5, Xcit is at $99 Shares New Price Athm 500 110 1/2 55,250 Excit 558 99 $55,250 Breakeven 115 Spread 16 16.1% Buy 560 XCIT @ 99 $55,440 Then sell 500 ATHM at 110.5 End up with just over 582 (and a little cash) shares of Athm(since each share of Xcit =1.04 ATHM) and since I converted my IRA totally to Roth back in September when it was low low low.....( now up over 100% since I did that..yippee) and that's where my ATHM resides....no tax consequences.....just my lil ole negotiated MSDW commission. capiche? so...I can't get overly excited about my $500 loss on LCSG...hey....one takes lessons where one finds them.....not bitter...just getting better...at all this...a day at a time!! smile......mary

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