Clarkie,
"And the man who owns 2,000 shares of BHP is wealthier than the man who owns 1,000 shares of BHP."
Have you heard of Sons of Gwalia? :)
I feel you present a balanced arguement. I take the middle ground. eg -
Bought BHP - $23 (Parcel 1)
Bought BHP again - $26 (Parcel 2)
Sold BHP - $30 (Parcel 2)
Bought BHP - $24 (using proceeds from Parcel 2)
Will sell parcel again @ $30.
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This whole time I have retained my original Parcel 1 and will do indefinately. However, I have traded the stock a number of times making the volitility work for me.
Confused? So am I.
Clarkie,"And the man who owns 2,000 shares of BHP is wealthier...
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Last
$40.53 |
Change
-0.230(0.56%) |
Mkt cap ! $205.5B | |||
| Open | High | Low | Value | Volume |
| $40.18 | $40.53 | $40.12 | $380.4M | 9.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3063 | $40.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.54 | 10286 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |