Effect of Commissions on Next AIM Stock/ETF Transaction
                       Buy Prices and Amounts
  (Next SELL calculation results are similar, in the opposite direction.)

All calculations were made using the
AIM Stock/ETF Buy/Sell Calculator Program described at
http://www.bean-d.com/cpt/aim-stock-etf-transaction-calculator.htm

Note that while these are the "first possible" transactions given
the parameters specified, you may want to wait for a larger move
from your last transaction and/or NET price.

======================
Minimum Order: $120.00
Shares Held:    500
PoCo:         $4000.00
SAFEs:           10%

Buy and Sell Commissions: $0 ("classic" or by-the-book [BTB] AIM)
  Exact:    Buy 17.38 shares at $7.05 (net price $7.05000)
  Rounded:  Buy 17    shares at $7.05 (net price $7.05000) <<--

Buy and Sell Commissions: $7.00
  Exact:    Buy 16.67 shares at $7.06 (net price $7.47988)
  Rounded:  Buy 17    shares at $7.06 (net price $7.47176)

Buy and Sell Commissions: $12.00
  Exact:    Buy 15.94 shares at $7.07 (net price $7.82280)
  Rounded:  Buy 16    shares at $7.07 (net price $7.82000) <<--

Notice that while the transaction price difference between
$0 and $12.00 commissions is only $0.02, the NET difference
is $0.77 (11%).

======================
Minimum Order: $250.00
Shares Held:    500
PoCo:         $4000.00
SAFEs:           10%

Buy and Sell Commissions: $0 ("classic" or by-the-book [BTB] AIM)
  Exact:    Buy 37.37 shares at $6.81 (net price $6.81000)
  Rounded:  Buy 37    shares at $6.81 (net price $6.81000) <<--

Buy and Sell Commissions: $7.00
  Exact:    Buy 35.75 shares at $6.83 (net price $7.02578)
  Rounded:  Buy 36    shares at $6.83 (net price $7.02444)

Buy and Sell Commissions: $12.00
  Exact:    Buy 34.97 shares at $6.84 (net price $7.18314)
  Rounded:  Buy 35    shares at $6.84 (net price $7.18286) <<--

Notice that while the transaction price difference between
$0 and $12.00 commissions is only $0.03, the NET difference
is $0.37 (5%).

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this is cpt faq-aim-stock-trader aim-stock-commission-effect.
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