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Re: DERBYBLOOD post# 6204

Thursday, 03/25/2010 11:57:02 PM

Thursday, March 25, 2010 11:57:02 PM

Post# of 29182
Derbyblood, congratulations on your $98,000 take! That's big time, good for you. But that $98,000 isn't profit, as you suggested. It is actually called EBT, or earnings before tax (if you want to use the income statement model.) Either way, you did good to buy low and sell high. Not everyone was fortunate enough to enjoy the same liquidity at .17 as you were. I hope there is alot more trade profit to come. I still think it would be smart for you to take 10% of your EAT (earnings after tax) on that last trade and buy a hold position and a block of this company and forget about it. If you want to know why, you can read my post #6294. It's kind of long.