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

To: mistermj who wrote (6185)	5/24/2008 2:01:41 PM
From: Sr K	Read Replies (1) \| Respond to of 20435

What do you think it should be? It looks right to me. You put the short on for $49.88 at $89.93. That gave you .555 shares of XOM short (Elroy displays 3 digits but stores the actual 49.88/89.70). As the stock has risen 77c, that position has risen .77.555 or .43 so the original short position of 49.88 is now worth 50.31. The short position went up. But Elroy displays the portfolio game position as having declined 43c so short and long positions can be compared side by side without negative signs. That displays it as having fallen .77.555 or .43 so the original short position of 49.88 displays as now worth 49.45. The Excel formula is in the rules. - mjfdl Stock Price Shares Value Cost … Change CSAR $2.04 34.722 $70.83 $1.44 … 42% XOM $90.70 0.555 $49.45 $89.93 … 1% Short mjfdl Total = $120.28