|
Posted by shortT on September 2, 2008, 11:02 pm
> Hey Eveyrone, I hear everyone talk about my average price i bought a
> stock is (A number) =A0How do you calcualte that, for example lets say i
> bought 50 shares of Citi at 18.25 and then bought 100 shares at 16.25,
> what would be my average price? =A0I cant be 17.25 becuase i have more
> shares on the lower price then the higher price, anyone know how to
> caluclate that?
>
> Write back
> Thanks
> Carmine
First purchase 50 shares time 18.25/share that is $912.50
Second purchase 100 shares times 16.25/share that is $1625
so the total you spent is $2537.50 now divide that by the total number
of shares (150)
and you get $16.917 per share. This is your average.
I can not understand people that will take the time to reply and poke
fun when
for roughly the same amount of time they can help someone out. Go
frikin figure.
shortT
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap