jhild
Since I showed that website of my friends business you seem to have changed subjects.I was just curious about what your opinion was on it and if maybe you were going to comment on it.
You see you have made the comments of how they are going to show their add on a "local" station,implying that it was a "joke" that it was basically a way to "scam investors".
I just wanted to let you know that before Brian started the adds he only had 3 regular traders and 2 remote traders with him.After the adds he now has 17 daytraders in the office and if I remember correctly he has 12 remote traders now.So it would appear to me and him that the add work extremely well,he pick up 14 daytraders and 10 remote traders and that was on just a "local" station.Go figure!
You have also made your comments about how much Insider Trading would be making off each trade correct?
You also imply with your comments that it would be a very small part of the trading cost
Well for the record Brian is doing the same thing as IT and gets a "FAIR SHARE" of the cost of the trade.
Now a ticket one way is $20, so round trip is $40.
He gets for easy figures we'll say 1/2.
Average trader low end does 10 trades a day.
The average Daytrader is 20 trades a day.
His best trader averages 40-50 trades a day.
He has gone from days where he was HAPPY to get 40 trades a day to an average of about 900-1000 trades a day.That means he went from an average of $80 to $2000 per day BECAUSE of these adds on a "local" station.
He has expenses don't get me wrong,Townsend costs and so does everything else he offers which by the way is everything you can think of or need to trade!
But, BECAUSE of the adds run on CNBC he is no longer having to invest HIS OWN MONEY to stay a float!
The business is now self-sufficient and quite PROFITABLE.
The numbers I gave you are rounded off, if you were to crunch the real numbers even YOU,jhild would have to admit that it was a "REAL STORY"!
Insider Trading is the main reason that I invested in this stock. Because I have first hand experience with the DOLLAR POTENTIAL that is involved with this type of business!
So say what you want about Belize jhild,I really have to agree with you on some of your points but in self-defense of my investment working with 3rd world countries is always a hard thing to do and never a given.
Yes the company should have cleared it up, but who knows jhild, maybe everything they say is true?
Is it possible?
In any event jhild I for one feel comfortable with my investment on IT by itself, because I think given their location and the ADDS on CNBC that IT will do excellent.
Let me be a HYPESTER here real quick jhild!
If and yes I say if they get 50 traders that are on the high end,50 trades a day apiece,
50 traders x 50 round trips per day = 2500 round trips per day
2500 round trips per day x $20 per round trip= $50,000 per day
$50,000 per day x 5 days = $250,000 PER WEEK
$250,000 per week x 52 weeks per year = $13,000,000 per year
Do I have the numbers right?
Now this is JUST ONE SHOP and they are going to be opening NUMEROUS shops so I think even YOU have to admit the POTENTIAL HERE!
I understand that my numbers are on the high end of my example,but I just wanted to let you know, they are going to make A LOT OF MONEY!
If and here is where I agree with you,the company has to have it together to be able to do this successfully!
Comments?
PEACE
JT
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