The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Carl van Rooyen who wrote (84266)	1/4/2000 4:57:00 AM
From: Bald Eagle	Read Replies (1) of 90042

Obviously, you totally missed my point. If a stock is $10, I can buy five times as many as a stock that is $50. A thousand shares of Berkshire Hathaway would cost many millions of dollars for a potential gain of $1000. How many on this thread could afford to buy 1000 shares of Berkshire Hathaway? Probably nobody. I'm sure that many here couldn't buy one share. Let's say I have $20000 to day trade with. On a $50 stock and a point gain, I make $400. On a $10 stock, I make $2000! Not quite the same.

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