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For one thing, $$$Mr. Market$$$ is going to sell AXR when it hits 57.45, and the moment Ernie sells sells a particular stock, then Quasi-Ernie sells too. Now AXR closed Friday at 53.27, and 57.45 is less than 8% away. The Q likes to let them run if they're going to run. Also, the Q thinks NUTR has less downside risk at this point.
I would like to start the week with a short position in NGA.
Thank You
Doug, where's your green arrow?
edit: Rob, I was wondering what price I would get on this trade... According to Ameritrade, there were only trades at 10:01 and 10:06. At 10:01 it opened at 7.2 and closed at 7.09, then the next trade, at 10:06 opened at 7.18 and closed at 7.04.... so, I was wondering.... what price do I get? Thanks for clarifying.
Last edited by peanuts; 07-10-2006, 10:13 AM.
Reason: pricing question
Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
I was wondering what price I would get on this trade... According to Ameritrade, there were only trades at 10:01 and 10:06. At 10:01 it opened at 7.2 and closed at 7.09, then the next trade, at 10:06 opened at 7.18 and closed at 7.04.... so, I was wondering.... what price do I get? Thanks for clarifying.
When there is no trade during the minute on which you posted, the opening price you get is the next trade, whenever that occurs.
However, since you committed the sin of editing you pick post, you now get the price at the time of your latest edit (10:13) because it is the lower of the two and this is a short position. You would have had 7.18, but now you will have to settle for 7.08. You should never edit your pick post, as the timestamp is the ONLY proof of your entry point. (Think about it. It makes sense.) If this was a long position you would have gotten the higher of the two prices. You must not have been listening when this was discussed recently.
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