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  • Jul 7, 2007, 09:28 PM
    60000 in 90 days
    Stock Market
    If there is a ten thousand dollar investment and a stock goes from $65 per share to say $70 per share, how much was approximately made?
  • Jul 8, 2007, 11:13 AM
    ebaines
    Let's see... You make $5/share in capital gain, and the number of shares you originally bought was 10,000/65, or 153. 85 shares, so you made approximately $769.23. That's before taxes - take 20% or so for capital gains, plus whatever your state income tax rate is, and perhaps you clear $600 or so after taxes.

    So, why is the title of this post "60000 in 90 days"? Perhaps you're counting pennies?
  • Jul 8, 2007, 11:29 AM
    vball43
    I think 1,00 but I don't know for sure
  • Jul 8, 2007, 01:28 PM
    CaptainForest
    Like I said in the PM, what is the price you bought the shares at?

    If it indeed was at 65, then ebaines has correctly answered your question.
  • Nov 22, 2010, 01:26 AM
    magprob
    153 shares with an increase of $5.00 per share, you would make roughly $769.23. I would sell! Now! ebaines is correct. Divide 10,000 by 65 and you get 153.8. shares. X $5.00 = $769.23.
    $60.000 in 90 days? You must be a gopher for Goldman Sachs.

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