SI
SI
discoversearch

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.
Technology Stocks : Booking Holdings (formerly Priceline) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (1392)5/20/1999 1:41:00 AM
From: B. A. Marlow  Respond to of 2743
 
The "facts," Tom: You "grossed" $131.00 and "lost" $12.50 shorting PCLN.

Let's see, per 1,000 shares short, that's "gross revenue" of $131,000.00 and current market value of $142,500.00, for a "loss" of $11,500.00, or -8.78 percent. At PCLN, you could buy a lot of airline tickets with that...

Or is there some "new math" according to which you figure you've made a profit on this trade?

In all fairness, you may have shorted some PCLN at as much as $165.00, so there may still be time to cover "successfully." Wouldn't dawdle, though...

BAM

techstocks.com



To: Tom Hua who wrote (1392)5/20/1999 9:29:00 AM
From: Radim Parchansky  Read Replies (1) | Respond to of 2743
 
Tom, are you a SEC expert then?

Pirate