I have 50k and want to buy some (MGSEX) shares on the open market at a market price of $89.59 the day before .The next day it sell at $90.28. A .69 cent or .0076% gain per share. I have about 558.098 shares worth about 50k. Is my profit or gain is ?
558.098sha. ($0.69/558.089sha.) = $385.09
or
$50,000.00*.0076= $380.00