News Focus
News Focus
Post# of 124261
Next 10
Followers 39
Posts 5588
Boards Moderated 3
Alias Born 11/23/2002

Re: thepennyking post# 37598

Monday, 05/31/2004 1:46:18 AM

Monday, May 31, 2004 1:46:18 AM

Post# of 124261
There are 200,000,000,000 (or so) pennies in circulation.

To buy them all up, for a nickle a apiece, would cost you 4 cents (the nickle less the penny you get in return) times 2oo billion, or 8 billion dollars.

And then, to buy back all of the nickels for 25 cents...well, why waste time on these boards if you have that kind of scratch...

"Absence of evidence is not evidence of absence. - Carl Sagan

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today