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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !
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To: Thomas George Warner who wrote (5086)7/25/1998 1:48:00 PM
From: Jim TenIron  Read Replies (2) of 8879
 
Hey T.G.W. isn't that great!! Starnet is making it happen despite the Kyl bill. And so will GLOW. Lets just run some numbers real quick. Lets say we were lucky and picked up 10000 shares of Starnet @ .50 (the 52 week low). Cost = $5000.00. Now lets say we sold at $1.50 (not the 52 week high but very reasonable) for $15000.00 and made a profit minus commissions of $10000.00. Not too shabby. Now, we have GLOW. Same industry. We buy 10000 shares at the close of .032 on Friday for $320.00 (lunch money for some) and sell at the same $1.50. That gives us a $14680.00 profit minus commissions. And the monetary risk is much less! Now, I like both companies, as well as some others. And, my IRA is real safe and steady. But as I said before, I like to speculate, remember? You obviously don't. Some people don't have the stomach for these types of investments. The example above is only for demonstration only. But, the fact is, for very little money, the upside is very good. Hell, I spend that on a weekend fishing. And believe me, my fish runs about $150.00/lb., and that's on a good weekend. But, the enjoyment is there. Betcha never thought of it like that, huh? Same kinda thing here. It's fun.
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