Hello Ken, you're right, it's 29% see (1st column price, 2nd = number of stocks that make $1000, 3rd close, 4th $$$ at close, 5th return in multiplier form; last row: 2nd column $20,000 to start with; 4th column total result; 5th total return):<pre>price number close total return 27.49 36.38 35.32 1285 1.285 31.25 32.00 32.91 1053 1.053 64.20 15.58 72.11 1123 1.123 62.17 16.08 65.92 1060 1.060 52.00 19.23 60.94 1172 1.172 8.25 121.21 9.88 1198 1.198 29.07 34.40 38.70 1331 1.331 33.66 29.71 40.71 1209 1.209 4.42 226.24 7.19 1627 1.627 2.79 358.42 5.20 1864 1.864 12.00 83.33 21.79 1816 1.816 31.90 31.35 33.12 1038 1.038 36.13 27.68 46.64 1291 1.291 16.61 60.20 20.99 1264 1.264 19.85 50.38 17.32 873 0.873 39.65 25.22 45.08 1137 1.137 51.99 19.23 72.00 1385 1.385 6.10 163.93 9.04 1482 1.482 4.92 203.25 6.93 1409 1.409 19.63 50.94 23.94 1220 1.220 20000 25835 1.292</pre>And yes, always use equal dollar amounts (and partial shares for more exactness when possible). Regards, Karel