GREY:CIMVF - Post by User
Post by
Hubbieon Apr 28, 2001 4:29pm
209 Views
Post# 3672419
what's the point...
what's the point...there's a bid for 200 shares at 1.06 with E-Trade securities. If CQV goes to say, $1.50 when the buyer decides to take his profit, a total of $40 will be out of pocket ($20 to buy, another $20 to sell) On a $200 investment, it will cost him $40 to process the paper work. He's left with $60 profit. that's if he can find some sap to first sell and then pick up a 200 share lot. I just can't see the logic. The broker will make as much as this astute investor has.