Replies to post #31795 on Romana Food Brands Corp (RFBC)

[STEVEN52]

Some folks are very experienced at playing the market. If you pull in $5K each time you do a turn around like this, and I mean you have to own a lot of shares to make it work, in a few months, you will have raked in a lot of profits. You have to have some cash at your disposal to do this since you cannot make three sell-buy-sell transactions in one day or even two days. Etrade and others will restrict your trading ability for 90 days if you try to sell securities that you bought from a sale transaction that was not fully settled or paid for from the first transaction. You have to have some readily available cash on hand to buy cheapies after you previously sold at a higher price. Don't get me wrong, you can buy the cheapies using the funds from the sale, but if the price goes up significantly after that you CANNOT sell those shares until about three to four days after. By that time, sometimes, you would have lost an opportunity to sell back at a higher price. Just some ideas for you! Steven