Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sr K who wrote (7861)	7/23/2009 2:05:36 AM
From: Elroy	1 Recommendation Read Replies (1) \| Respond to of 20435

So lets wrap this up. This post seems to be the source of the problem. Message 25775292 His order sold SGY and PQ (and held PAL). Accidentally I sold SGY and PAL (and held PQ). So it's my boo boo. So.......if he sold SGY and PQ as ordered on July 10th, then we would have: Patrick Slevin Stock Price Shares Value Cost … Change PQ $2.85 8.125 $23.16 $4.73 -40% SGY $6.70 2.987 $20.01 $7.67 -13% PAL $2.14 14.447 $30.92 $2.66 -20% Patrick Slevin Total = $74.09 becomes Patrick Slevin Stock Price Shares Value Cost … Change Cash $1.00 42.738 $42.74 $1.00 0% PAL $2.14 14.447 $30.92 $2.66 -20% Patrick Slevin Total = $73.65 That should have been his position on the morning of 7/11. The he placed an order to use his cash to buy EP and PQ on the 7/17 close, 50-50 split with cash. Message 25774480 so he should have begun this week with Patrick Slevin Stock Price Shares Value Cost … Change Cash $1.00 42.738 $42.74 $1.00 0% PAL $2.14 14.447 $30.92 $2.66 -20% Patrick Slevin Total = $73.65 becomes Patrick Slevin Stock Price Shares Value Cost … Change EP $9.41 2.271 $21.37 $9.41 0% PQ $3.23 6.616 $21.37 $3.23 0% PAL $2.14 14.447 $30.92 $2.66 -20% Patrick Slevin Total = $73.65 I think that's Patrick Slevin's correct portfolio (as of last weekend). I don't think Patrick should be assessed a $2 penalty, he didn't do anything wrong, I just put his 7/10 trade in incorrectly, and didn't put his 7/17 trade in at all. I guess we could penalize him just for the hell of it and to make it look like my error was his fault, but the poor guy is almost in last place, so now that everything is hopefully hunky dory we can just let things roll into the home stretch and see how is going to be the winner.....