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


To: Asymmetric who wrote (6955)1/30/2009 11:57:58 AM
From: Sr K  Respond to of 20435
 
stocks only, ETFs are not permitted



To: Asymmetric who wrote (6955)1/30/2009 1:34:57 PM
From: Kirk ©  Respond to of 20435
 
GLD is an eft... not sure that is allowed. See rule #3
(I tried to buy a bounce on XLF and was ignored... figured out why when I reread the rules.)



To: Asymmetric who wrote (6955)1/30/2009 8:22:43 PM
From: Elroy  Read Replies (2) | Respond to of 20435
 
Elroy, please sell ACI, BPZ, WFT and CPE and take the amount and
split it evenly in purchases of GLD and SLW.


Asymmetric
Stock Price Shares Value Cost … Change
ACI $15.19 1.589 $24.13 $12.59 … 21%
NGD $2.11 23.256 $49.07 $0.86 … 145%
BPZ $5.76 4.255 $24.51 $4.70 … 23%
WFT $11.03 2.227 $24.57 $8.98 … 23%
CPE $2.11 15.038 $31.73 $1.33 … 59%
Asymmetric Total = $154.01

becomes

Asymmetric
Stock Price Shares Value Cost … Change
GLD $91.31 0.835 $76.23 $91.31 … 0%
SLW $6.53 11.674 $76.23 $6.53 … 0%
Asymmetric Total = $152.47



To: Asymmetric who wrote (6955)1/30/2009 8:50:46 PM
From: Elroy  Read Replies (1) | Respond to of 20435
 
So lets do this one again.

Elroy, please sell ACI, BPZ, WFT and CPE and take the amount and
split it evenly in purchases of GLD and SLW.


Asymmetric
Stock Price Shares Value Cost … Change
ACI $15.19 1.589 $24.13 $12.59 … 21%
NGD $2.11 23.256 $49.07 $0.86 … 145%
BPZ $5.76 4.255 $24.51 $4.70 … 23%
WFT $11.03 2.227 $24.57 $8.98 … 23%
CPE $2.11 15.038 $31.73 $1.33 … 59%
Asymmetric Total = $154.01

Selling everything other than NGD generates $103.89 after commission. And it appears GLD is an ETF, which is off limits, so you get half in SLW and half in cash for

Asymmetric
Stock Price Shares Value Cost … Change
NGD $2.11 23.256 $49.07 $0.86 … 145%
Cash $1.00 51.945 $51.95 $1.00 0%
SLW $6.53 7.955 $51.95 $6.53 … 0%
Asymmetric Total = $152.96