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Posted On: 03/20/2022 1:48:51 PM
Post# of 148890
Someone please help me answer this:
Hypothetically, I've got 100K shares that I bought to .42. I sell all of these shares at .44 and make 2K. But I need to cover in and out fees of 2790.00 for the transaction. So I lost 790.00 bucks. Now, I need to get back in, rinse and repeat. How can these folks make money flipping in this range?
Or do they really care if they lose money?
Hypothetically, I've got 100K shares that I bought to .42. I sell all of these shares at .44 and make 2K. But I need to cover in and out fees of 2790.00 for the transaction. So I lost 790.00 bucks. Now, I need to get back in, rinse and repeat. How can these folks make money flipping in this range?
Or do they really care if they lose money?
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