Thursday, October 02, 2014 12:23:25 AM
Buy 3100 @ $.0952 = $295.12 - $9.95 trade fee (conservative) = $285.17
$.0952 + 20% = $.1142
Sell 3100 @ $.1142 = $354.02 - $9.95 trade fee = $344.07
$344.07 - $285.17 = $58.90 gain
$58.90 gain - 33% short-term capital gains tax = $39.46
$39.46 in profit from that trade. Enough for lunch!
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