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Re: blue finch post# 152830

Wednesday, 05/13/2015 12:59:13 PM

Wednesday, May 13, 2015 12:59:13 PM

Post# of 173216
I agree with you on this post!

1 million shares bought at 0.002 equals 2000 dollars....

Waiting and waiting for it to flip at 0.0025 is 2500 dollars if you are lucky to sell all the 1 million shares at once at that price...

Taking 20 dollar average cost of trades and an average 28% short term capital gain rate besides whatever state tax you pay let's say 4% then you made a grand profit of 500 - 180 = 320 dollars...

It is a profit just obtained by selling all your 1 million shares which you would have to buy again to make a similar profit...you just don't know when or how long to wait or of substantial news might come any moment.



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