SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (6527)6/4/1998 1:10:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 7685
 
RE: >>> Rockhead, percentages are great. Take out commissions and buying or selling at the bid or ask and even if you catch it the right way, you'll never make money. <<<

I can't agree with you on this one Gary: for SYQT, 1/32 covers the spread and another 1/32 more than covers commissions in and out. Assuming 10K min block trading, there's plenty of fast cash to be made here. I have been trading SYQT for years and have done reasonably well overall. I must say however, it's probably not much different than going to Vegas - it's pure gambling and you only play with money that you assume is already gone when you make the trade. Limits are also critical here because anything can happen with this puppy.

Regards - Dale