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Re: diamondjim2006 post# 980

Thursday, 04/12/2007 7:48:42 PM

Thursday, April 12, 2007 7:48:42 PM

Post# of 40474
OK... we are not talking about $500 which I chose only as a round number...

for simple illustration...

and depending on the x-factor involved in

.000x - .0005, it is still a sizeable amount of shares that must be traded/flipped in a market that is less than robust to the upside just now.

Eventually your shares will have a very low remaining basis... or may even be free...

I'm sure that many of us who hold and do not trade view our small positions bought sub-penny as a nearly free visit to the roulette wheel of fortune! *S*

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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