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Worst Day Ever?
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<blockquote data-quote="1989" data-source="post: 324959" data-attributes="member: 10280"><p>I beleive it went public at $50 (closed in the 70's on the IPO)after a 2 for 1 split so your cost basis before going public was $25 or less. $70 (because of todays second warning) divided by $25 cost = 280% divided by 9.3 years = 30.1% a year. Look a one year chart, you didn't want to buy FDX last April.</p></blockquote><p></p>
[QUOTE="1989, post: 324959, member: 10280"] I beleive it went public at $50 (closed in the 70's on the IPO)after a 2 for 1 split so your cost basis before going public was $25 or less. $70 (because of todays second warning) divided by $25 cost = 280% divided by 9.3 years = 30.1% a year. Look a one year chart, you didn't want to buy FDX last April. [/QUOTE]
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