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deal

11/14/07 7:08 AM

#36792 RE: Step-by-Step #36791

I don't see it going back to .002's today not in less know news comes out. Which would really suck!
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foremostny

11/14/07 7:59 AM

#36795 RE: Step-by-Step #36791

the difference in buying 1M shares at 32 (currently) and 29 (highest in 20's) is an extra $300 profit. this will obviously vary depending on the price you buy at, but each tick down will result in $100 more profit per million shares.

on the other hand if you have $1000 to spend, you can buy 312,500 shares at 32, or 344,827 at 29. its a difference of 10080 shares per .0001 downtick from 32 to 31, and the more down ticks, the more that will go up (!) as well, as the difference between 30 to 29 is 11494 shares. from 20 to 19 is a difference of 26315 shares. so in the end this will change your profit percentage as well as the amount. if you buy at 32 and get 312500 shares, and sell at $0.051 (previous high), you walk with a gross of $15937.50. if you buy in at 29 and sell at the previous high, you gross $17586.18. thats a whopping difference of $1648.67 on your original $1000 investment...far exceeds the $300 extra.

in the end, you have to make the choice...sorry for the wordy analysis.

still hoping for the $1.00 lotto pick