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Re: Qarel post# 9742

Sunday, 09/21/2003 9:40:21 AM

Sunday, September 21, 2003 9:40:21 AM

Post# of 47150
Hi Qarel:

I don't know how you got to 609 shares at the end, but my example did close the loop by buying and selling a total of 1374 shares. Of course the $ variance at the end (+2773.25) is profit!

note: the number of shares left unbalanced reflects the $$$ sold, not the number of shares sold!

Of course, but my example only illustrated the LIFO movement of shares. Certainly the corresponding $ would go along, but I felt that if the solution could be found via the shares, a corresponding table of $ could be driven by that (with the prices being the connection between the two).

I'm probably not explaing myself very well again.

Do yourself a favor and go for a percentage approximation! Please!! I cry for you when I see this kind of thing.

Don't cry for me (isn't that a song title?) Let it drop. I'll proceed with my spreadsheet assuming each Sell is always for fewer shares than last Buy (see previous post).

Thanks and Regards, Steve

Best Regards, Steve (The Grabber)

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