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Re: TheRoadHome768 post# 33

Monday, 01/05/2004 11:14:56 PM

Monday, January 05, 2004 11:14:56 PM

Post# of 1506
If it fluctuates from .0015-.002 thats a 30% gain. Even if you are only accounting for a tenth of total trading volume thats $30k... thats $9k profit a pop. Now lets say you are trading twice that much, then you are making like 20k a pop. Considering this fluctuated in that range every week for a while it was a quick way to make good money. I'll take a 20k a week salary ;)

This tends to happen if theres no news with subpennies - without news the company's only active traders are people playing with the prices. If there is news and press releases, the trading is based on that - and the volume of real investors balances out profit players.

Basically, you hope this company is for real and will announce real results, the price will respond to that. Hope that helps