Posted by: NewTrader September 12, 2007
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kukpaboy!
I don't want to pull ur leg, but if your mathematics is that poor, you won't do good in stocks.
" MAT currently trading at around $23 .... just 5 months ago it was at $30..
so if u BUY $10,000 worth right now and assuming price goes back up to $30.. your profit = $70,000 "
You will only make around $3043 minus brokerage fees, not $70,000 !!!