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RE: stock price bouncing back

posted on Sep 14, 06 11:49AM

this is what I mean....

on Friday, there was volume of 22,000. It had a high of 70 and a low of 65. Obviously there were those who sold at those levels but for every seller there is a buyer too so someone bought in the high 60s

For the sake of discussion lets take a price in the middle say 67. If someone bought at 67 and still has the stock when its worth is 85, they have a gain ``on paper`` of 18/share or a 27% increase (18/67 x 100 = 27%). It`s a theoretical gain and is not actually realized until it`s sold at that level. that`s what I mean.

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