BUY: FTAR, IVII, PLAY
Bought 300 Freight Car America (RAIL) @ 55.39/share = 16,617.00
Bought 200 Intervideo Inc (IVII) @10.28/share = 2,056.00
Bought 220 Portal Player Inc (PLAY) @ 11.05/share = 2431.00
Transaction fees=3x15$
75,000-21,149 = 53,851.00$
Portfolio: (RAIL[300], IVII[200], PLAY[220])
posted by thebrightSeraphim @ 4:30 PM
3 comments
3 Comments:
Good work, Seraph! Thanks for joining in... You made a few minor mistakes in the post that you should correct:
(1) Each trade you make costs a transaction fee of $15, simulating the fees brokers charge to execute trades. You should add this fee to each transaction, so would incur an additional $45 in costs for 3 trades.
(2) FTAR doesn't trade on any of the allowed exchanges (NASDAQ, NYSE). It is a stock that only trades "over the counter". The rules currently disallow such stocks because it isn't clear how easy it is for regular Joe Investor to make purchases... You should choose a new 3rd stock. I know, I know... But it only takes a second.
(3) If you would, please list your portfolio in its entirety at the end of every trade. I know it seems silly now, but later on when we each have 20 or so stocks, we don't want to have to check through pages and pages of history to determine everyone else's portfolio.
You should be able to edit the existing post and make the necessary changes in 15-20 mins!
Best,
Ghang!
Hey Ghang!,
I will make the required changes demain.
Until next time...
Still waiting for the fixy fixy...
Ghang!
Post a Comment
<< Home