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