InvestorsHub Logo
Followers 160
Posts 22180
Boards Moderated 6
Alias Born 02/07/2005

Re: fung_derf post# 101067

Monday, 10/16/2006 5:20:19 PM

Monday, October 16, 2006 5:20:19 PM

Post# of 169274
The formula was written wrong. typical CSHD sloppiness...

i think this post on hsm is right:

Originally Posted by Sano
and again... CALM

(15-X)/X

Ex. 10/30/06 pps $5

(15-5)/5 = you get 2 shares

if you have 2000 shares at $8 by the 10/30/06=

(15-8)/8= 0.875 shares, so you get 2000 x 0.875= 1750 shares

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.