LogFAQs > #938340492

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red sox 777 04/29/20 10:35:52 PM #488:	Moonroof posted... 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. Im stuck on the rest. It comes out to the same $200 profit as A. Assuming you are not paying commission to your broker. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:938340492] in Stock Topi... [t:78557039]...</cite> <quote>Moonroof posted... </cite> <quote>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. Im stuck on the rest.</quote> It comes out to the same $200 profit as A. Assuming you are not paying commission to your broker. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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