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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (2120)12/27/2006 5:31:04 PM
From: longnshort  Read Replies (3) | Respond to of 20435
 
What's an underperformer??



To: Patrick Slevin who wrote (2120)12/28/2006 12:20:00 AM
From: Elroy  Read Replies (2) | Respond to of 20435
 
OK - that's Thursday's close, right? And you're sitting in cash with the amount.

I'm away from work Thursday afternoon, so won't be able to give you the $ amount of the sale until Sunday, FYI.



To: Patrick Slevin who wrote (2120)1/2/2007 12:50:26 AM
From: Elroy  Respond to of 20435
 
I would like to sell all of my underperformers at the Close tomorrow.

These would be DEO, EQR and DBC


So on Thursday DEO closed at $79.88, EQR closed at $50.58 and DBC closed at $24.48, so that sales generates $44.64 on which you pay 1% commission, so you have $44.19 cash.

Your position following these sales looks like this:

Patrick Slevin
Stock Price Shares Value Cost Change
IIG $28.64 1.394 $39.93 $21.52 33%
PQ $12.74 2.133 $27.18 $11.72 9%
Cash $1.00 44.191 $44.19 $1.00 0%
Patrick Slevin Total = $111.29