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Re: whodis post# 37749

Tuesday, 01/11/2011 5:29:27 PM

Tuesday, January 11, 2011 5:29:27 PM

Post# of 76214
in 10 of the last 13 trading sessions the low has been .0004 and the high has been .0005. If one began with $2,000.00 buying 5,000,000 @ .0004 and sold @ .0005 each day, reinvested all the profits @ .0004 and sold @ .0005, during those 10 trading sessions, that $2,000, after the cost of all commissions, would now be $11,330.80.

And it took only 10 trades over the course of 13 days to do it. I guarantee you that if the PPS was to shoot up to .0222 in two weeks, you folks would be ecstatic! Yet, one can accomplish the same thing while it still trades in the narrowest of ranges.

Here's the catch.

#1) It takes guts and self discipline, because one is always afraid one is going to miss out on the big jump. But big jumps rarely happen.

#2) Moving 5 million shares is one thing, moving 25 million shares is quite another ... but there is nothing saying that one can't divide the money among two or three stocks trading in the same range and accomplish the same thing. The return will go down though, because of more commissions. Figuring out the critical mass point is important.

#3) To make it work, one has to be on top of things every second of the trading session.

"Libenter homines id quod volunt credunt"