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Scrabjan1 · 11-02-2017, 09:22 AM

So if Wally and Beaver took Eddie’s advice and bought Jet Electro would they have been “in clover?”

They had $100 and Jet Electro was 50 cents a share so 200 shares. Now it kept going up 1/4 (would have made $50) and reached $3.00 a share. If they bought low and sold high they could have turned their $100 into $500 in less than 2 weeks. Is this correct? They would have had to sell before it fell.

stevea · 11-02-2017, 03:06 PM

Yes, when Eddie said to them, "If you had bought Jet Electro, as I advised, you'd...", he was right. But you're right, they'd have had to be smart enough to dump it when it was high.

I think Ward should have let them go ahead and do what they had wanted.

Scrabjan1 · 11-02-2017, 04:37 PM

I agree! Love when they checked Mayfield Power and Light and it went up a 1/4. Beaver asks how much they made and Ward says a dollar. When Ward says Jet Electro up a 1/4 they would have made $50, Beaver was so bewildered.

Torgo · 11-02-2017, 06:53 PM

The one time they should have listened to Eddie, they don't.

Scrabjan1 · 11-03-2017, 07:24 PM

Wally really knew Ward and how to get help with his stocks and bonds homework. June seemed to be the one who answered Wally's questions with ease.

I like when Wally asks Ward what happened to the Phoenicians. Ward said they were absorbed by other cultures. Wally says “Eddie says why study an ancient people who you’ll never meet in business.”

11-02-2017, 09:22 AM	#1
Scrabjan1 Member Forum 3000 Club Member Join Date: Nov 27, 2013 Location: Massachusetts Posts: 3,521	Stocks and Bonds So if Wally and Beaver took Eddie’s advice and bought Jet Electro would they have been “in clover?” They had $100 and Jet Electro was 50 cents a share so 200 shares. Now it kept going up 1/4 (would have made $50) and reached $3.00 a share. If they bought low and sold high they could have turned their $100 into $500 in less than 2 weeks. Is this correct? They would have had to sell before it fell.

11-02-2017, 06:53 PM	#4
Torgo Omaha & Fritz Forum Star Join Date: Mar 06, 2004 Location: Oregon Posts: 19,050	The one time they should have listened to Eddie, they don't.
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11-02-2017, 03:06 PM	#2
stevea 22 Years On Sitcoms Moderator Forum Legend Join Date: Aug 13, 2003 Location: Indy Posts: 45,051	Yes, when Eddie said to them, "If you had bought Jet Electro, as I advised, you'd...", he was right. But you're right, they'd have had to be smart enough to dump it when it was high. I think Ward should have let them go ahead and do what they had wanted.

11-02-2017, 04:37 PM	#3
Scrabjan1 Member Forum 3000 Club Member Join Date: Nov 27, 2013 Location: Massachusetts Posts: 3,521	I agree! Love when they checked Mayfield Power and Light and it went up a 1/4. Beaver asks how much they made and Ward says a dollar. When Ward says Jet Electro up a 1/4 they would have made $50, Beaver was so bewildered.

11-03-2017, 07:24 PM	#5
Scrabjan1 Member Forum 3000 Club Member Join Date: Nov 27, 2013 Location: Massachusetts Posts: 3,521	Wally really knew Ward and how to get help with his stocks and bonds homework. June seemed to be the one who answered Wally's questions with ease. I like when Wally asks Ward what happened to the Phoenicians. Ward said they were absorbed by other cultures. Wally says “Eddie says why study an ancient people who you’ll never meet in business.”