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To: abuelita who wrote (29863)8/21/2000 3:14:15 AM
From: bela_ghoulashi  Read Replies (1) | Respond to of 35685
 
Roughly 20% in 18 days...better than 1% per day.

Karma is really tough in your neighborhood, LOL!



To: abuelita who wrote (29863)8/21/2000 5:19:45 AM
From: Red Scouser  Read Replies (1) | Respond to of 35685
 
Rose,
As RR sez, small profits over time add up, 10 % a month is 120 precent a year. I would be happy with a return like that.
I sold my SSTI and got back in after the split.
Seems like you have things under control, well done.
luvya,
red



To: abuelita who wrote (29863)8/21/2000 8:58:22 AM
From: SE  Read Replies (2) | Respond to of 35685
 
roserrsp,

If I did the math correctly, you put in $6800 to buy RMBS, you received $325 for the option and $7750 for the stock when called. That is a return of 19.69%. (7750-(6800-325)/7750). There are managers that would kill for that on an annual basis. You did it in one month!

That is remarkable and wonderful! Congrats!

-SE


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