Buy low, sell high, right? Oops...Soros's fund has turned over almost 1/3 of it's holdings, apparently, and took at $42M loss on RFMD: I started with this articlehttp://seekingalpha.com/article/311041-george-soros-completely-exited-these-stocks-last-quarterthen checked Nasdaq.comhttp://www.nasdaq.com/quotes/institutional-portfolio/soros-fund-management-llc-35125/sold-out?sortname=changeinvalue&sorttype=0as of 9/30/2011SOROS FUND MANAGEMENT LLCPosition Statistics:Total Positions 667Sold Out Positions 242And Edgar online to verify the buys/sells. Dummy....can't figure out his avg share cost, but the loss says it all, bought hi sold low, could have waited and maybe exited even or with a profit.
I've made over 300K trading this stock by buying low and selling high
Sorry but you math is wrong. Since they owned 6666666, at 6.31 a share is your 42 million figure. This number just shows the difference of what it would be worth if they still owned it.