John8288
commented on a stock · Nov 16, 2021 23:11
About buying stock
$Lucid Group (LCID.US)$I have one question to ask if now I have 2 stock cost at 39.25 then now I buy 1 more stock at 46 what cost will it be after that ?
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youfoundken : Simple, (39.25 x 2) + 46 / 3 (total unit) = average cost
sloky : 41.5 ..?
Mani Cai : $41.5?
John8288 OP youfoundken : Okay thanks bro
John8288 OP sloky : Really ?
tks1527 : 41.5. The system will average it out.
youfoundken : To check momentum, linear momentum = mass x velocity (p = mv)
Just joking hahahahah
Nuuby : You can also go to Positions and check the Diluted cost after you make your purchase.
sloky John8288 OP : Yea calculation as mentioned above
ZayLin_5962 youfoundken : Let Moomoo Works for Him..![laughing 😆](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f606.png)
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