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Non-Tech : E*Trade (NYSE:ET)
ET 16.49-0.1%Nov 24 3:59 PM EST

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To: Goldbug Guru who wrote (6697)6/1/1999 9:54:00 PM
From: rick cassar  Read Replies (4) of 13953
 
I have a silly question. What's to prevent someone selling, say 200 shares of E-trade @40 and buying 100 shares of tbfc @ 74. You would make a profit of 600 minus commissions and you'd end up getting 210 shares of E-trade in the fall. $600 in your pocket and 10 free shares of E-trade. Sounds too simple. I know I am missing something but I can't see it.

What am I missing here?

Rick
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