Replies to post #3181 on Patriot Coal Corporation (fka PCXCQ)

[iheartweimers]

You ought to stick around for awhile then. Make sure you
are figuring in the brokers commission though or you aren't
making any money. Doing the math, a person who timed it
perfectly, in at the LOD of .214, and out at the HOD, .2595
if they traded 10000 shares they would have made $457.275.
so it is doable, but nobody is that perfect. I used Scottrade
commission rates, BTW. Some pay more, some even free,
It is gambling, pure and simple.