Active Posters

[stenzrob]

Yesterday, I bought CAI at 59.61. Today I thought I was putting in a stop loss at 51.60, but accidently made it a limit order and sold at 62.26. I held it for only a day and a half. Now I know thats an annualized gain of 3,949,711%, but now I have to buy it back and pay double commission.

Looking for sympathy?

[IIC]

Sometimes I'm an idiot.

Yesterday, I bought CAI at 59.61. Today I thought I was putting in a stop loss at 51.60, but accidently made it a limit order and sold at 62.26. I held it for only a day and a half. Now I know thats an annualized gain of 3,949,711%, but now I have to buy it back and pay double commission.

I think your calculator broke

[Karel]

Sometimes I'm an idiot.

Yesterday, I bought CAI at 59.61. Today I thought I was putting in a stop loss at 51.60, but accidently made it a limit order and sold at 62.26. I held it for only a day and a half. Now I know thats an annualized gain of 3,949,711%, but now I have to buy it back and pay double commission.

Quite! You probably even ignored a warning message that your limit order was under the bid! But you'll get over it. I usually take no more than a day to get over mishaps like that. Like buying the same order twice.

Regards,

Karel

[scifos]

I think your calculator broke

Doesn't annual return = return during period held ^ Periods in a year?
ann ret = (62.26/59.61)^(365/1.5) = 39497.11 or 3,949,711%

[Websman]

hey, and to be in the top 5, an avatar is required!

Stenz, Webs, c'mon and get with the program...

Ok... I don't know who's avatar I stole, but I'll use it until the real owner claims it.

I also have a new profile pic. It may not be me, but I did take the photo, while I was in China. I have no clue who he is, but I hope he doesn't mind me taking his identity.

There you go Jeinsen. I'm with the program!

[IIC]

Doesn't annual return = return during period held ^ Periods in a year?
ann ret = (62.26/59.61)^(365/1.5) = 39497.11 or 3,949,711%

Oh...I was figuring that there were only 250 trading days in a year...so I came up with a mere 143,684%

[billyjoe]

Scifos,
I'm so confused, either you are now a millionnaire , or you are bankrupt . Reminds me of what my ex accountant once told me.
billyjoe

[IIC]

Oh...I was figuring that there were only 250 trading days in a year...so I came up with a mere 143,684%

BTW...here are some Cool Financial Calculators:

http://ourworld.compuserve.com/homepages/easysurf/vfpt2.htm#rra

[scifos]

CAI @ 60.62 ..... maybe the stock gods were looking out for me after all.

Billyjoe: I'm not a millionare yet, but with MrMarket's help I'm on my way!

Also: anyone have opinions on UTIW or HRS? They are looking good. Wish I had some spare change, I'd pick some up.