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
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!