Averaging Down
My diluted cost is now -3.91.
That’s not a typo. Minus 3.91. I’m now playing with the house's money .
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That’s not a typo. Minus 3.91. I’m now playing with the house's money .
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GetMeABeerDude : wtf?!?! lol. love it!
71771863 :
LumpsGoesToTheMoon : wait how lol
Mcsnacks H Tupack : That’s only up to December 31, 2020. The Diluted EPS now per share is (-32.30). AMC will be expecting their money when you decide to sell your shares.
Dank Hill OP LumpsGoesToTheMoon : Buy a position for X dollars. When prices doubles, sell half your position. You now basically have free shares.
GetMeABeerDude : oh diluted cost. how do you see that? mine says average cost
Dank Hill OP GetMeABeerDude : Go to your account/positions and there should be a little drop-down arrow next to average cost which will allow you to toggle between
GetMeABeerDude : cool so I found how to do it. I looked at my tesla diluted cost ... jangus!!!!!! lol
DEADSEED1111 Mcsnacks H Tupack : Can you please tell me the importance of this average vs diluted in lamens terms.... and any negative effects.... if you get a chance thanks man
Mcsnacks H Tupack DEADSEED1111 : It’s how much money you would receive if there was a buyout or if they decided to delist themselves off of the market, or if they declared bankruptcy. Or if you tried to use your shares as collateral then that would be subtracted from the stock market price to get it’s worth. So in lamens terms it’s the actual worth of your stock as an asset. lol
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