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johnj0522 » Comments » GE

  • Three Stocks To Be Held To Infinity and Beyond  [View article]
    You are aware, aren't you, that the prices you quote are split-adjusted? The true closing price of JNJ on Aug 25,1987 was 104.62. GE closed at 65.87 on Aug 20, 1987 and BAC closed at 28.52 on Aug 25, 1987.
    So your calculations are a bit off!
    For your original $30,000 you could have had 95 shares of JNJ (not 1529) , 150 shares of GE (not 1,821) and 349 shares of BAC (not 1397).
    Jul 22 10:00 am |Rating: 0 0 |Link to Comment
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