Boiler Room: The Official Stock Market Discussion

[humminbird]

algebra my friend...one of the few useful levels of math past elementary

x = desired new agv price
y = original # of shares you own
c = your current avg cost/share
z = # of new shares you need to buy
n = new price you're considering buying at

your example would never work as you can't avg down to the current lower price while having shares above the current price, but the formula is

x = (yc+zn)/(y+z) ---> solve for Z

if you had y=15 shares at c=$1.2/share, you want to buy z shares at $1.05 for a desired new avg of x=$1.1

1.1 = ((15*1.2)+ 1.05z)/15+z...z = 30 shares you'd need to buy @ 1.05 to average down to 1.1

Yes i typed all that out because i'm a nerd

 

[K-Deini]

When moass?

 

[Serious]

Yes i typed all that out because i'm a nerd

If you was really about that life, you would have made a python script.

 

[dora_da_destroyer]

When moass?

Why you worried about mo’ ass?

 

[Rickdogg44]

 

[Rickdogg44]

CPI tanking it

 

[levitate]

Man this economy is FUKKED

 

[JetFueledThoughts]

CPI numbers

 

[El_Mero_Mero]

algebra my friend...one of the few useful levels of math past elementary

x = desired new agv price
y = original # of shares you own
c = your current avg cost/share
z = # of new shares you need to buy
n = new price you're considering buying at

your example would never work as you can't avg down to the current lower price while having shares above the current price, but the formula is

x = (yc+zn)/(y+z) ---> solve for Z

if you had y=15 shares at c=$1.2/share, you want to buy z shares at $1.05 for a desired new avg of x=$1.1

1.1 = ((15*1.2)+ 1.05z)/15+z...z = 30 shares you'd need to buy @ 1.05 to average down to 1.1

Yes i typed all that out because i'm a nerd

I didn't see this yesterday. I'm going to look at it right now. I appreciate you providing the answer.

 

[blues_funk_reggae]

I'm waiting for Amazon to hit <$100, I can see it coming.
Buy my shares and come back in 4 years and see where I stand.

I told my boy, we may just go the rest of the year without ever seeing green again.

 

[Serious]

I'm waiting for Amazon to hit <$100, I can see it coming.
Buy my shares and come back in 4 years and see where I stand.

I told my boy, we may just go the rest of the year without ever seeing green again.

We still got a long way to imo.

My target date to start buy super heavy is July 11th.


When the big banks report consumer spending it’s over


Everyone make sure your savings is in place…

And you have some money on the side to buy.

 

[blues_funk_reggae]

We still got a long way to imo.

My target date to start buy super heavy is July 11th.


When the big banks report consumer spending it’s over


Everyone make sure your savings is in place…

And you have some money on the side to buy.

AND that google split is also coming up

 

[Rickdogg44]

We still got a long way to imo.

My target date to start buy super heavy is July 11th.


When the big banks report consumer spending it’s over


Everyone make sure your savings is in place…

And you have some money on the side to buy.

I like logic on this

 

[Starski]

Remember: due to inflation 3900 on the SPX is really like a 3550 in 21 prices - you’re really down worse than it seems

 

[Rickdogg44]

Consumer sentiment lowest since 70s