A.I.M. Users Bulletin Board

[The Grabber]

Hi Allen.

What spreadsheet are your using?

As Tom said, Mr. Lichello never worked with or cared about how many shares to Buy or Sell.
It was always $.
# of shares was derived by dividing the $ by the price.

Come to think of it, he really never talked about minimums either.
If memory serves (and that is questionable with me), he may have mentioned that it wasn't worth the effort to trade less than 5% of Stock Value.

Somehow over the years, in order to preset Buy and Sell prices, we've derived calcs to 'reverse engineer' Lichello's basic approach. Minimums came into play from that effort.

But again, my memory may not be as precise on this score as it used to be.