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FillTheGap

04/20/07 12:03 PM

#297 RE: GotOptions? #296

Consider this example. I have done this three times lately with PNMS.

Buy 2,000,000 shares @ .0012 for $2400.00 (9.99 commission)
Sell 2,000,000 shares @ .0015 for $3000.00 (9.99 commission)

Net Profit $580.02 or 24.17% for a $2400.00 investment and 2 days of trading.

You can raise the numbers or lower them as you see fit. I usually look for high volume whenever possible. If the ask is stacked very deep, I will typically sell at .0001 less than the stacked portion. (easier to take profit before it peaks)