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The Grabber

09/21/03 9:40 AM

#9746 RE: Qarel #9742

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