How the profits are so high

Last post 07-26-2008 2:00 PM by I'm Just A Player. 5 replies.
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  • 06-03-2008 12:47 AM

    How the profits are so high

    As metioned by Jared it's a Ratio thing if you buy 24,990 shares of a stock($10.00 commission) for 1$ each and it goes up to 3$ you just made $50,000(rounded) profit if you sell it right away, if u wait and it goes up more  the profits are exponential.

  • 06-03-2008 1:17 AM In reply to

    Re: How the profits are so high

     

    Thanks for the explanation!
  • 07-04-2008 7:01 PM In reply to

    Re: How the profits are so high

     You are better off buying stock that is between $10 and $20 per share. With the $25,000 limit, you can buy more and make a better profit.

  • 07-07-2008 12:28 AM In reply to

    Re: How the profits are so high

    What if it goes $0.99 ;)

  • 07-12-2008 12:57 PM In reply to

    Re: How the profits are so high

    yea cool
  • 07-26-2008 2:00 PM In reply to

    Re: How the profits are so high

    Overtime Investments:

    As metioned by Jared it's a Ratio thing if you buy 24,990 shares of a stock($10.00 commission) for 1$ each and it goes up to 3$ you just made $50,000(rounded) profit if you sell it right away, if u wait and it goes up more  the profits are exponential.

     

    Thanks for the advice :)  Lately I've only been buying a couple of shares at a time, which has not been very beneficial

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