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runner up

01/22/07 2:40 PM

#25459 RE: RichAndPoor #25455

so when do you think the "meaty" pr's will begin? tomorrow perhaps...
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workoutorgohome

01/22/07 2:46 PM

#25473 RE: RichAndPoor #25455

$82K max if you had 2million shares.

high pps .065
low pps .024

change .041 x 2 mil shares = $82K
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workoutorgohome

01/22/07 3:29 PM

#25561 RE: RichAndPoor #25455

Last time I try to explain this to you.
You say "I've seen over $100K in profits evaporate in less than a week".

Now lets say you bought your 2 mil at .002
that would have cost you $4k. Highest pps so far .065
2 mil x .065 would be worth $130K. Your up $126K.
Now you say you have seen $100k in profits evaporate in less
than a week. this would leave you $ 26k in profits.
$ 26k divided by 2 mil. shares = .013 pps which we have not seen it come down to but .024 being the lowest pps we have seen this week. .024 x 2 mil. shares = $ 48k. Now the maximum profits you could have seen evaporate is $130k - $ 48k = $82k not over a $100k. I love it when im right.