Replies to post #16016 on Bank of America Corp (BAC)

[BYUINSDER]

With Bank of America, I'm just using 1,000 shares.

If you write down 25 numbers, 1 thru 25 on piece of paper.

You can sell each square block number, for $1,000 each.

25 squares of numbers sold at $1,000 each = $25,000 in day trading capital. Charles Schwab trading account on margin will increase it to $100,000 trading capital.

Leverage...

Get 25 ping pong balls, number each ball 1 thru 25

Set up free website,

Have draw each night at certain time, say 6 p.m.

Whoever number is drawn, say 23 that night.

The next day, they get the rights to day trading activity.

You just manage the trading..

Take 20% take from any profits for the days trading.

With the website, set it up with rules.

If someone wants to sells their square, all they have to do is list it on your website, say $1,200

As the word gets out, you will be surprised how many people will be knocking at the opportunity, to buy square for $1,000 and have it leverage to $100,000

Think outside of the box..

Your creating your own hedge fund...or trading firm.

[BYUINSDER]

With $100,000 trading capital.. From your 25 square hedge fund.

6,000 shares of Bank of America with goal each day to just capture $.10 or even just $.05 per share.

$600 per trade at $.10

The person who bought just one number will receive $480

You will get $120

And your risking none of your own money.

Just $.05 per trade, your getting paid $60