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Re: None

Thursday, 06/17/2010 1:46:28 PM

Thursday, June 17, 2010 1:46:28 PM

Post# of 10457
The sale of 5000 shares at 3.2 only makes sense if the person got in at .008/share. In such a case, that person spent $40. plus commission and yielded 160 minus commission. If you consider mathematically what must have transpired here you realize this is a flipper.

buy
$10.00 + 40.00@.008/share = $50.00 for 5000 shares invested 2 months ago.

sold
5000 shares at .032/share = $160.00 - 10.00 comission for a total of 150.00 "take"

In the course of 60 days, that individual made $100.00. (small time)