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Re: RichAndPoor post# 25455

Monday, 01/22/2007 3:29:09 PM

Monday, January 22, 2007 3:29:09 PM

Post# of 162848
Last time I try to explain this to you.
You say "I've seen over $100K in profits evaporate in less than a week".

Now lets say you bought your 2 mil at .002
that would have cost you $4k. Highest pps so far .065
2 mil x .065 would be worth $130K. Your up $126K.
Now you say you have seen $100k in profits evaporate in less
than a week. this would leave you $ 26k in profits.
$ 26k divided by 2 mil. shares = .013 pps which we have not seen it come down to but .024 being the lowest pps we have seen this week. .024 x 2 mil. shares = $ 48k. Now the maximum profits you could have seen evaporate is $130k - $ 48k = $82k not over a $100k. I love it when im right.

20% a day keeps the job away.

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