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serfdom

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Alias Born 02/22/2005

serfdom

Re: None

Saturday, 09/03/2005 2:19:15 PM

Saturday, September 03, 2005 2:19:15 PM

Post# of 15765
An email convo with my Mom....sad!

Hi Andy - Any chance you could give me some help with math?
I bought Telatinos - 2000 shares for .135. Total price was $282.95.
Now I have 22 shares worth $8.80. 8.80/22 = .40. Is .40 my adjusted purchase price?
Love, Mom

No Mom, divide your original purchase price by your new share amount: $282.95/22
So....$12.86 is your adjusted purchase price.
Sad but true -- we were shorted into the ground, and the illegal short shares were covered this summer with no benefit to the retail SHs. Good news is that any positive PR should make this thing soar -- because there are currently only 677,000 shares in the public's hands. Bad news is that we may have all been played.
Love,
Andy

Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.

>^..^<
http://www.investorshub.com/boards/board.asp?board_id=3961

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