Question
A sophisticated investor, B. Graham, sold 450 shares short of Amwell, Inc. at $34 a share. The price of the stock subsequently fell to $30
A sophisticated investor, B. Graham, sold 450 shares short of Amwell, Inc. at $34 a share. The price of the stock subsequently fell to $30 before rising to $44 at which time Graham covered the position (that is, closed the short position). What was the percentage gain or loss on this investment?
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Technical Analysis Of The Financial Markets
Authors: John J. Murphy
1st Edition
0735200661, 978-0735200661
