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FillTheGap

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FillTheGap

Re: GotOptions? post# 296

Friday, 04/20/2007 12:03:15 PM

Friday, April 20, 2007 12:03:15 PM

Post# of 327
Consider this example. I have done this three times lately with PNMS.

Buy 2,000,000 shares @ .0012 for $2400.00 (9.99 commission)
Sell 2,000,000 shares @ .0015 for $3000.00 (9.99 commission)

Net Profit $580.02 or 24.17% for a $2400.00 investment and 2 days of trading.

You can raise the numbers or lower them as you see fit. I usually look for high volume whenever possible. If the ask is stacked very deep, I will typically sell at .0001 less than the stacked portion. (easier to take profit before it peaks)


Slow and steady is the way to go
All statements are my opinion and should not be considered an indication to buy or sell a security. Do your own DD.

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