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

To: microhoogle! who wrote (5645)	4/8/2008 12:24:18 AM
From: Elroy	Respond to of 20435

Please sell STP. Use proceeds to short COF yahoogle Stock Price Shares Value Cost … Change ISIS $15.77 1.980 $31.23 $15.15 … 4% CDE $3.93 9.780 $38.43 $3.95 … -1% STP $46.67 0.401 $18.72 $49.85 … -6% COF $53.06 0.385 $19.03 $51.25 … 4% Short yahoogle Total = $107.42 STP produces $18.357 after commission. That's 0.349 shares of COF. So add that to your existing short shares, and we get. Nah, that's a mess. The way the short value calculation works the sheet needs to know your purchase price, and since you're shorting the same stock twice there are two prices. So lets just do this and give you two separate short positions in COF... yahoogle Stock Price Shares Value Cost … Change ISIS $15.77 1.980 $31.23 $15.15 … 4% CDE $3.93 9.780 $38.43 $3.95 … -1% COF $53.06 0.349 $18.54 $53.06 0% Short COF $53.06 0.385 $19.03 $51.25 … 4% Short yahoogle Total = $107.23