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

To: Mike McFarland who wrote (3395)5/21/2007 1:08:19 AM
From: Elroy  Read Replies (1) | Respond to of 20435
 
I'll cover my short OMX, it is somewhere around $45

According to the timestamp you covered on May 10th closing price, right? My numbers say that was $44.71 for OMX.

So this is what you had before the cover:

Cashboy
Stock Price Shares Value Cost Change
OMX $44.71 0.383 $22.89 $52.25 -14% Short
Cash $1.00 81.484 $81.48 $1.00 0%
Cashboy Total = $104.37

So I guess after you cover, you generate an additional $22.89 cash, pay 1% commission for $22.66, add that to your existing $81.48 cash and you have a total of $104.14 cash.

Cashboy
Stock Price Shares Value Cost Change
Cash $1.00 104.141 $104.14 $1.00 0%
Cashboy Total = $104.14



To: Mike McFarland who wrote (3395)7/22/2007 1:57:16 AM
From: Mike McFarland  Read Replies (1) | Respond to of 20435
 
I'd have done well to stay half cash and half OMX short--I'd probably be around 10th place, instead of 20th. Whoops.


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