InvestorsHub Logo
Followers 49
Posts 4758
Boards Moderated 0
Alias Born 10/18/2010

Re: Brentpdc post# 180339

Wednesday, 08/12/2015 4:35:10 PM

Wednesday, August 12, 2015 4:35:10 PM

Post# of 194796
Lets do some math. We can start.....

with the assumption you have $10,000 to invest and your purchase will not effect the bid/ask. For $10k you can get about 2,777,778 shares at .0036. Now lets say you dump all 2,777,778 shares at .0038 (Good Luck with that). That nets you a gain of 2,777,778*.0002 = $555.50. Now take out transaction costs and taxes and what are you left with? About a $500 return on a $10,000 investment, and that's assuming everything breaks your way. Have fun with that strategy.

In a time of universal deceit - telling the truth is a revolutionary act. - George Orwell