Hmmm, let me try that
5000 dollars/.29 dollars per share=17,241 shares hey good system, I have about the right amount, hehe.
Here is another formula being used:
I want to be rich rich=a million a million bucks/share target price=number of shares $1,000,000/$5 per share=200,000 shares
I think my target price ($1), shares (15,000), and bet (including some loss taken this week total about $7,000) are fairly reasonable, since I made a bit more than this trading MINE already this year.
Of course the payoff if I see my target will hardly have been worth all the effort and stress. For that sum of money you could put yourself together a really nice vacation, panning for gold somewhere nice, and I do beleive it would be a more enjoyable experience.
All in all, this has been a pretty civil thread, and if you are low on vacation time like I am, this is still pretty fun panning for gold over the computer. |