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Thursday, April 12, 2007 6:14:02 PM
IS that right: you are flipping this for gains of as little as .0001 a share? That's with 3 zeros after the decimal point?
Well, that explains why I am having to be so patient! LOL
If you are right that some guy has been dumping 5M shares, and you are flipping for .0001/share...
then I'd have to assume you are flipping at least 5M shares at a time, because 5M x .ooo1 equals ONLY $500!
Seems like the hard way to make $500 and anything less seems like it would be close to chump change for someone buying those numbers of shares...
guess I will be a while before I can consider myself a big time trader in stocks! *S*
I cannot see myself flipping about $40K of NNSR for .0001 to make $500. But I DO see how that would keep the price in the dirt until there is news about the testing of the e coli sensor to release!
Guess I'll have time to get my funding in place to buy the 1M shares I'd like to have before it takes a run from news! I've got a few friends looking but awaiting funds as well. Maybe you'll be able to keep it depressed long enough for all of us to get aboard this ride!
Can always hope! *G*
JMO...
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett
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