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

To: SI Bob who wrote (4339)	10/16/2007 1:23:23 AM
From: Elroy	Respond to of 20435

Let's do what you're suggesting. Sell ELN and JPM and put the maximum allowable amount into a GOOG short position. Anything left over, let's go long ACAS. Would've been nice to have done that (here and in reality) a few weeks ago. Here you are pre-trade: SI Bob Stock Price Shares Value Cost Change ELN $24.17 1.187 $28.69 $19.11 26% WPL $8.68 2.213 $19.21 $10.25 -15% BGG $24.28 0.812 $19.72 $27.93 -13% JPM $46.27 0.524 $24.24 $43.30 7% SI Bob Total = $91.87 Selling ELN and JPM generates $52.94, or $52.41 after commission. So you've got: SI Bob Stock Price Shares Value Cost Change Cash $1.00 52.409 $52.41 $1.00 0% WPL $8.68 2.213 $19.21 $10.25 -15% BGG $24.28 0.812 $19.72 $27.93 -13% SI Bob Total = $91.34 So, the max you can put into your GOOG short is $45.67. SI Bob Stock Price Shares Value Cost Change Cash $1.00 6.737 $6.74 $1.00 0% GOOG $620.11 0.074 $45.67 $620.11 0% Short WPL $8.68 2.213 $19.21 $10.25 -15% BGG $24.28 0.812 $19.72 $27.93 -13% SI Bob Total = $91.34 And then you buy ACAS with your cash, so ... SI Bob Stock Price Shares Value Cost Change ACAS $44.71 0.151 $6.74 $44.71 0% GOOG $620.11 0.074 $45.67 $620.11 0% Short WPL $8.68 2.213 $19.21 $10.25 -15% BGG $24.28 0.812 $19.72 $27.93 -13% SI Bob Total = $91.34 Hopefully that works for you.