Wednesday, April 19, 2017 6:49:30 PM
3 months (60 days of trading, rounded)
At 3% daily gain, closing share price = 0.337; 100,000 shares = $33,700
At 5% daily gain, closing share price = 1.068; 100,000 shares = $106,800
At 7% daily gain, closing share price = 3.315; 100,000 shares = $331,500
At 9% daily gain, closing share price = 10.069; 100,000 shares = $1,006,900
So somewhere between $33,700 and $1,006,900 for every 100,000 shares held.
The question then becomes: If, hypothetically, it were to rise by 9% every day, at what point would you cash in if you weren't sure it was going to maintain a steady increase?
Hopefully my math is correct. Please delete this post if not :)
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