TSXV:BTI.H - Post by User
Comment by
KayakerBCon Sep 16, 2016 10:59am
142 Views
Post# 25244760
RE:RE:Regardless - the idiot
RE:RE:Regardless - the idiotOilpatch, on June 9th you said "i liquidated 50% of my position since monday...decent 45% gain".
Looking at the share price on those dates (June 6-9), you must have sold for at least 1.35. Getting a 45% gain means the average cost on your initial position was at least 93¢.
On June 10th you said you had 50,000 shares left.
Yesterday you said you bought back 50,000 - 6,450 = 43,550 shares and paid a higher price for them....
"....but i paid the premium and have everything back that i sold except for around [6450] shares....i was going to buy them but it moved fast to the 1.60$ range the next week so i didn't...."
So you bought back the shares somewhere north of 1.60.
And yesterday you said "the best part about it all is that my average is 1.05$"
How do you combine 50,000 shares at a cost of 93¢ with 43,550 shares at a cost north of 1.60 and get an average of 1.05?