First Six Positions
Below are the first 6 trades made on The Fool Portfolio today, Friday, August 5, 1994. We put in market orders for all 6 at market opening, and got 5 of them filled right away. As we'd kind of expected, the sixth, our Bed Bath & Beyond short, got rejected due to no shares available. A check back later in the afternoon, however, did reveal 170 BBBY shares to borrow and sell, which we promptly did at about 2:30 PM EST.
ACTION # STOCK PRICE COMS'N COST BASIS Bought 85 AMER 57 1/4 79.31 4945.56 Bought 180 AXP 27 5/8 79.94 5052.44 Bought 165 MRK 29 7/8 79.68 5009.06 Bought 105 S 47 1/4 79.87 5041.12 ACTION # STOCK PRICE COMS'N PROCEEDS Shorted 170 BBBY 29 79.68 4850.32 Shorted 150 PAYX 33 1/4 80.03 4907.47
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