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Re: drobx post# 394

Thursday, 05/10/2018 9:10:32 PM

Thursday, May 10, 2018 9:10:32 PM

Post# of 489
Yes, You are correct, as I needed to do the arithmetic.

buying 1 share x $0.0012/share cost $0.0012
commission cost $6.95
total cost $6.9512
real cost per share $6.9512/1 = close to $7 a share

buying 1,000 shares x $0.0012/share cost $1.20
commission cost $6.95
total cost $8.15
real cost per share $8.15/1,000 = $0.00815 (under a penny is o.k. if we get good news and share price explodes upwards)

buying 10,000 shares x $0.0012/share cost $12.00
commission cost $6.95
total cost $18.95
real cost per share $18.95/10,000 = $0.0018

For sure any fill volume under 10,000 sucks if ASPT never explodes with good news.

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