If I acquire say 1M shares at $0.0002 and sell the
Post# of 16816
Posted On: 07/19/2012 12:33:14 AM
If I acquire say 1M shares at $0.0002 and sell them at $0.0003 then I make $100 (minus commissions).
Now if the price sits at $0.0003 (which it basically has been) due to a build in demand, I am out or I have to buy in at $0.0003.
It's all supply/demand. Right now the bid supply is very limited (read the trading tape, look at bid x ask). Anyone that sells out now and wants in soon to flip another 1M shares is more than likely to have to buy at the ask.
Over a long timeframe who knows, but that's also an opportunity risk. BCAP could trade at $0.0200 or $0.00002.
Now if the price sits at $0.0003 (which it basically has been) due to a build in demand, I am out or I have to buy in at $0.0003.
It's all supply/demand. Right now the bid supply is very limited (read the trading tape, look at bid x ask). Anyone that sells out now and wants in soon to flip another 1M shares is more than likely to have to buy at the ask.
Over a long timeframe who knows, but that's also an opportunity risk. BCAP could trade at $0.0200 or $0.00002.
(0)
(0)Baron Capital Enterprise, INC. (BCAP) Stock Research Links
Scroll down for more posts ▼