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Re: None

Thursday, 02/12/2015 2:34:49 PM

Thursday, February 12, 2015 2:34:49 PM

Post# of 39170
2,300 UCPA shares traded @ $0.0008 = $1.84 (excluding buy + sell commissions)

Assume a trader uses E-Trade: commissions are between $7.99 - $9.99 / transaction.

https://us.etrade.com/e/t/estation/pricing?id=1206010000

Break even cost for a frequent trader
= $1.84 + $7.99 + $7.99
= $17.82 / 2,300 shares
= $0.0077

Break even cost for a regular trader
= $1.84 + $9.99 + $9.99
= $21.82 / 2,300 shares
= $0.0095

Almost impossible for anyone to break even on UCPA as a trade or an investment with so little trading volume.

The paradox of iHub: buy high, sell low