Powerful 5HP 4-stroke petrol generator. 2400W peak output (2000W continuous output). Fitted with 2 3-pin domestic type plug socket and 1 DC output so...
The Vancouver Spa has 30 water jets and 12 air jets in a large open seating area. This spa has a powerful 4 hp pump for therapy massage and a heated a...
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by martinchandra Now, let 's consider stock and stock options for a moment. Consider the ubiquitous XYZ Corp., currently trading at $95 per share on 2/1/03. If you pay $4 per share for a March call on 100 shares of XYZ at the $100 strike price, you have acquired the right to buy 100 shares of XYZ for $100 per share, any time before the third Friday in March. This cost you $400, plus commissions.
If XYZ is investigated for "irregular accounting practices" (the equivalent of discovering a toxic waste spill in the backyard), the share price may drop to $50. The call you paid $400 for is probably worth about $20. You've lost nearly 100% of your investment, and I wouldn't count on getting it back. But you've only lost $400.
Imagine if you had owned 100 shares of XYZ stock. What was worth $9500 yesterday is now worth $5000. That 's a loss of $4500! Sure, you can wait for the stock to recover -- there 's no time limit with stock.
The call, on the other hand, will expire worthless (or you'll sell it...Read more!
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