InvestorsHub Logo
Followers 1
Posts 786
Boards Moderated 0
Alias Born 06/18/2003

Re: gatorhistory post# 2549

Tuesday, 02/21/2006 11:50:51 PM

Tuesday, February 21, 2006 11:50:51 PM

Post# of 3059
If you double your position
then your 75 cent cost basis
changes (75 + 7)/2 = 41 cents.
If you triple your position
then your 75 cent cost basis
changes (75 + 7 + 7)/3 = 29.67 cents.
Might be worth chasing if that is
how you define chasing.
Join InvestorsHub

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.