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

To: Taro who wrote (3255)4/17/2007 12:56:00 PM
From: Sr K  Read Replies (1) | Respond to of 20435
 
you might mean cover



To: Taro who wrote (3255)4/18/2007 1:25:23 AM
From: Elroy  Read Replies (1) | Respond to of 20435
 
OK, this is a short to cover, so lets see how this works. It's value is $22.73, so you cover, pay 1% commission, and it becomes $22.50 cash. Does that seem correct?

Taro
Stock Price Shares Value Cost Change
ATHR $26.58 2.103 $55.89 $23.78 12%
Cash $1.00 22.502 $22.50 $1.00 0%
IKAN $7.88 3.137 $24.72 $7.97 -1%

Taro Total = $103.11


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