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Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

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To: Gerald L. Kerr who wrote (3847)5/29/1998 3:04:00 PM
From: Mike McFarland  Read Replies (1) of 34075
 
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.
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