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Strategies & Market Trends : WR's Momentum Trades
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To: Wayne Rumball who wrote (7681)6/28/2000 8:11:00 PM
From: JamesB  Read Replies (1) of 11130
 
Lesse here, I paid .004 to .009 per share for SPMI. So the most I paid was $0.90 plus commissions for 100 shares. The bid is 3.03. That comes to somewhere in the neighborhood of $303.00 less commissions. I did this in 6 accounts. That is free money, anybody else make those returns today? Invest $1.00, get $275.00 back net profit? Times 6...that is $1,650.00 by my reckoning. I will take that anytime the market wants to give it to me. Gotta luv it.
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