InvestorsHub Logo
Followers 25
Posts 908
Boards Moderated 1
Alias Born 07/13/2001

Re: freshner post# 3189

Wednesday, 04/20/2005 1:33:57 PM

Wednesday, April 20, 2005 1:33:57 PM

Post# of 10162
True it is not that big a difference, but I really try to target my entry and exit points more carefully the past few years. It is only 400 bucks on the way in, but when i'm looking to double out on a spike or a run the 400 is significant percentage-wise.


Theorietically heres my logic....
2M shares @ .0031 = 6200
2M shares @ .0033 = 6600

Sell order for 2M shares @ .0062 = 12400

.0031 profit = 100%
.0033 profit = 87.8%

Difference being 12% of my profit.

I fully expect to miss a few stock plays by being to slow or patient on the buy side, but i think that inn the long run it is better for me then buying prematurely and being down 10 or 15 percent before any activity or run inn share price occurs. With this stock the floor price of .0031 is the most obvious and likely floor price based upon past trading prices and the debt conversion price. I didn't fill yet today but i did see orders go at that price already.

I hope i dont miss a run, but if i do I hope the rest fo you make a huge amount whether i'm on the train or not.

Robert

There are no good stocks, only good trades.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.