Hi hrfanmike, What you are missing is that the sale price is a combo of the minimum shares to sell plus the Sell Safe.
Ball park the $300 is about 6 shares. I don't know how many you have so I can't tell you what percentage that is of your total. I'd guess, given the sale price of $57.50 and an 8% sell safe, that you have roughly 85 shares, give or take a few. This would mean that your % minimum share sale of $300 would be about 7% of the number of shares. Add 7% plus 8% and you get a minimum move of about 15%. $57.5/$49.98 = 1.15 times or 15% up.
Tom, (OldAIMGuy), uses 0% Sell Safe, and, I think - correct me if I'm wrong Tom - 5% minimum share sale. This would mean a sale of around $52.50 or about 5% up from the purchase price of $49.98.
Personally I try to use a minimum dollar sale of $500 and a minimum dollar value of $10,000 of shares with a cash amount of $2000. This would be about 200 shares and 5% would be about 10 shares to get to $500. The Sale price would then be about $52.63 for 10 shares using the online calculator or Lou's spreadsheet version.
If you like I can send you the spreadsheet calculator to play with. I also have a couple of other calculators that are similar but give slightly different results.
Drop me a note at 60e20f21@opayq.com and I'll be happy to send it to you so you can see how the various elements work together.
Best,
Allen
