BPC burns, philp & company limited

re: australian stock report+gfd,twr,bpc They have listed...

  1. 506 Posts.
    re: australian stock report+gfd,twr,bpc They have listed completed trades from the beginning of Jan 10, 2003 till May 27, 2003 on their website.

    Every weekday they send a report with three (3) recommendations. There were ninety four (94) working days between between Jan 10 and May 27.

    94 x 3 = 282 recommendations.

    Now i have made a couple of assumptions here:

    1. That they make three (3) recommendations every day.
    2. Each recommendation is new.


    Now looking at their "completed trades" table, i counted only 29 completed trades. How can this be??

    29/282 = approx 10%

    Is this right?? They have only 'closed' 10% of their recommended trades? Are they listing all of their completed trades in the table? Of the trades that are not closed, how many are in loss?

    hmm.....

    Perhaps one of my assumptions is incorrect?


    Cheers,
    nickoo
 
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