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Re: pantherj post# 37750

Wednesday, 01/12/2011 7:35:00 AM

Wednesday, January 12, 2011 7:35:00 AM

Post# of 76214
Nope, won't work. The .0004's are paint donws and small partial fills. Many here have tried, and can't get them. It would cost you about $50 in commissions by the time all your partials are filled.

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.