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Thursday, January 26, 2012 4:23:43 PM
But i do want to point this out:
With $1000 (and ignoring all fees), you can buy 102,040 shares @ $0.0098/BID, or you can buy 100,000 shares @ $0.01/ASK. If you buy at the ASK, you get 2040 less shares. If OPMG is way undervalued like what most investors here believe, the current PPS is going to skyrocket in the near future. If the PPS reaches $0.50/share, it means you could have made $1020 if you had bought at the BID. If the PPS reaches $1.00, you have lost out on the $2040 profit if you had bought on the BID. And so on...Now, do those amounts add up? =)
With penny stocks, it's really not so much about the time/effort you put in now, it's about the rewards you will reap later. If you don't want to spend too much time now, why would you be following and reading all the posts on this board? After all, like what some here say, trade with your gut and your own DD, not with what ppl say on this board. Along these lines, might as well spend your time watching the BID/ASK move in ticks, since board posts are useless =)
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