Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting... see more

TSXV:RPP - Post Discussion

Regent Pacific Properties Inc > Can someone explain ...
View:
Post by emmgee on Aug 29, 2000 1:43pm

Can someone explain ...

Can someone explain to a non-expert who is buying RPP at .19 and 0.195 ?? Are these investors would have enough buying power to make money on a 0.005 difference ?
Comment by tjmj on Aug 29, 2000 1:50pm
I sure think REPAP would be worth .25 - .28 a share hopefully another co. will bid higher.
Comment by longstock on Aug 29, 2000 1:55pm
100,000 shares bought at 19 cents = $19,000 100,000 shares sold at 19.5 cents = $19,500 $500 profit take away say 100 for commissions gives 400 profits on quick flip trade. now do that with 1,000,000 or 10,000,000 shares and you see how money is made my friend. I've flipped 3 times already in at 19 out at 19.5
Comment by emmgee on Aug 29, 2000 2:04pm
I can see that. It is certainly for worthwhile with the increased volume so such turn around is possible in a day. I am debating whether or not I take profits now (for that instant gratification mentioned by another poster) but I hesitate. My first sell order at 0.16 actually passed at 0.185 which is a nice bonus this morning. Now I am not sure about the shares I have left, wait with the natural ...more  
Comment by recon on Aug 29, 2000 2:15pm
what a joke, take away 100 commission on 100,000 shares, you would be lucky my friend to pay less than $600 on the way in and out of a 19k trade!