Plastic2Oil Inc (PTOI)

[XenaLives]

Another problem with such a trade - supposing you traded 5,000 shares (the approximate size of the trade at the low of day), you sold for $3.16 (grabbing the highest possible price of the day) your profit was $1100 if executed perfectly against all odds. If the stock had rebounded by 10% from when you sold (something that is much more probable) you would have lost 500 shares and the future prospects of those shares.

You are also be liable for short term capital gains on your intra day trade.