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Gold/Mining/Energy : JAB International (JABI)

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To: Ie Coan Bie who wrote (2596)1/9/1998 1:45:00 PM
From: DragonMaker  Read Replies (2) of 4571
 
Sorry Ie Coan Bie, don't know how to generally respond.

I am begining to believe that the Daytraders have the right idea
about this stock. It does nothing with good news, we seem to always be waiting for "news" etc.

Lets see, 5000 shares with 1/32 profit is $156.25 profit minus say
DATEK's commission of $19.98 in and out is $136.27. Do this several
times a day buying more the about 135 more shares per transaction and one could actually make money on this stock.

Action Shares price Commission Total
Buy 5000 $1.00 9.99 5009.99
Sell 5000 $1 1/32 9.99 5146.26

Buy 5135 $1.00 9.99 5144.99
Sell 5135 $1 1/32 9.99 5285.48

etc...

I have been long since November but still am disappointed. Most others must be also disappointed since no postings today...

Sorry about ranting, just a bit bummed about BCMDs performance.
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