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Topic | Stock Topic 3 |
Moonroof 04/29/20 10:33:52 PM #487: | Another important scenario I should have included: D) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell. This comes out to $100 profit the first time and $100.09 the second time, totaling a $200.09 profit. Is that right? Still inferior to option C. ... Copied to Clipboard! |
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