SI
SI
discoversearch

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.
Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Joe Stocks who wrote (40730)6/18/2002 11:55:48 AM
From: BWAC  Read Replies (1) | Respond to of 53068
 
Example:

GLW, 1000 Shares, Money Allocated $7,500 cost.

Subsequent Trade #1 $300
Trade 2 $500
Trade 3 -100
Trade 4 $150
......
Trade 10 $325
Total $3200 converted back to cash at present

GLW 1000 Shares $4.20
Trade Offsets $3.20
Total $7.40
Loss to date on position $.10

Still got the investment. Risk is now reduced from $7,500 to $4,200. Crystal Ball still can't determine the bottom or the turnaround date. But what do I care as long as it throws off another few bucks of cash before turning around or going to zero.