Finance Report

The desired effect of the short sale was to be up to(p) to sell the borrowed stocks now, and be adapted to profit from their decline in value in the future. The stocks I short sold were Apple, voluptuary Nile, Rackable Systems, and Shutterfly. I did some research on these and found that they were recommended to short, because they were volatilisable and relatively cheap, with the exception of Apple. I purchased 100 sh ars of Apple at $90.17 per share, for a book value of $9,017.00 on February 25th. As of strand 6th, the scathe per share has dropped to $85.30, making the market place value $8,530.00. The un booming gain for this short sale is $487.00. I plan on dimension and not buying to cover yet, because I show that the stock will continue to decline in equipment casualty. I also purchased 660 shares of Blue Nile for a determine of $22.045 per share and a book value of $14,523.00. As of March 6th, the share price has declined to $21.54, cre ating un no-hit gains of $306.60. I also plan on retentiveness the stock and anticipating the share price to further decline annoy to the economy. I purchased 1,000 shares of Rackable Systems for $3.975 per share, and a book value of $3,975.00. The price has declined to $3.51 per share, and the market value is $3,975.00. The unrealised gains are $465.00. Lastly, I purchased 1,000 shares of Shutterfly for $7.925 per share and a book value of $7,925.00. The share price has declined to $7.72 per share and unrealized gains are $205.00 as of March 6th. I plan on holding this stock further into the future, because I anticipate the price to decline even further. To date, the short sales know been successful and substantiate performed as I have expected. There have been days that the share prices have increased, but gener eachy they are declining steadily. With the accepted situation of the economy, I expect that the share prices for all four-spo t stocks will continue to decline. I will be! able to make a profit when I make up ones mind to buy to cover for the...If you want to get a upright essay, order it on our website: BestEssayCheap.com

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