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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: ztect who wrote (9763)2/8/1999 9:26:00 PM
From: Erik Lundby  Read Replies (1) of 122087
 
<<Guess who lied?????????>>
Well, let's see, Anthony said he shorted at 5,000 shares at 23 3/4. He then said he boxed, meaning he bought long at 26 1/2. After he does this he is neutral to any stock price fluctuations until he closes either his short (from 23 3/4) or his long (from 26 1/2) (in case you don't understand boxing.) Meaning he was out 2 3/4 points. 2 3/4 points * 5000 shares means he was actually out 13750 dollars. I can see where anthony approximated 11,000 by saying 2and change * 500 shares is about 11k. I have no idea where you pulled 31.5K from.

Erik
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