PTD unknown

lesson no.1, page-12

  1. 853 Posts.
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    josephine - ?????? Josephine,

    If you bought @ 72c, you must have bought before November 2000, as the 12 month low is 75c on 26 November 2002 (unless Commsec and SMH high/low info is incorrect).

    Given that you could have sold anytime between January 2001 and Septembr 2002 for in excess of $2.00, and possibly between $4 and $5 had you got the timing right, I think you have made a very poor trade given the amount you could have made.

    Of course, the above comments would be different had you purchased above 75c (which means you could have bought in the last 2 months) which would now become a very good trade...

    Regards
    Marvin the Mindreader.
 
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