A.I.M. Users Bulletin Board

[SFSecurity]

Hi karw, what metric are you using for value, the ValueLine book value per share?

Using ALK as an example with a book value of $17.30/share you would do what?

If the price of the stock is 0.4*17.3=6.92 then you would buy 0.1 of a slot - say you have 27 slots (9 sectors, 3 positions each) - for them if you wanted to add them to your portfolio. Given the price range for the last 52 weeks is 36.30 to 50.50 then you would never be able to buy ALK it would seem.

Clearly I don't understand how you are using Kelly's formulation. Would you please give an example all spelled out?

Thanks,

Allen