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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Jim Battaglia who wrote (5935)10/23/1998 11:00:00 AM
From: OldAIMGuy  Respond to of 18928
 
Hi Jim, Your idea of using an NAV makes perfect sense. Then the AIM trades are based in dollars rather that actual share prices. Thanks for the help on this.

JP will have to keep track of how many "NAV shares" are in the account after he's made his first AIM trades. Then that new number of shares will be divided into the total equity value at the next period to determine the new NAV.

Best regards, Tom



To: Jim Battaglia who wrote (5935)10/23/1998 8:44:00 PM
From: jas244  Read Replies (1) | Respond to of 18928
 
Jim, thanks a million, this is the route for me to take. Tom, maybe you can put this in your Q&A section, I,am sure the question will pop-up again. James from the "Windy City" area


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