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Post# of 47150
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Toofuzzy

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Toofuzzy

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Re: Toofuzzy post# 35208

Thursday, 01/26/2012 1:01:03 AM

Thursday, January 26, 2012 1:01:03 AM

Post# of 47150
Hi Conrad

Made a mistake

>>>>>Stock goes down to $8

PC = $10,000 - $8,000 = $2000

It is best to use 5% SAFE and 10% min order size so .....

$2,000 - $100 (5% safe) = $1900 which is greater than 10% of the $8,000 stock value so BUY

$1900 / $8 = # shares to BUY . Add that to the original 1000 shares

PC becomes the original $10,000 + 1/2 $1900 BUY order or $11,900 >>>>>


PC becomes $10,000 + 950 (1/2 of 1900)= 10950

Sometimes I am
Toofuzzy

Take the road less traveled. It will make all the difference.

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