 What does it mean when an item is 'struck in .999 pure silver leaf'? |
| This is a question regarding the new september 11th $20 commemorative for sale at www*911twenty*com. What does this actuall phrase mean? "Struck in .999 pure silver leaf." The 'leaf&... |
|
 What is a CD and how can I get one.? |
| Now that I have a new job, I have some money that I would like to put away.... |
|
 Is it legal to use other people's money to invest in stock and keep some for yourself without a license? |
| Basically, I invest in the stock market with my own capital, but I was wondering what the legalities would be for me, if someone wanted me to invest their money for them. First of all, can I legally ... |
|
 Bush Said invest in stock market for retirement now, stock market plumets...what now? |
| Bush said to future generations that we should invest in the stock market. Now, the stock market plummets to lows, exactly what should younger generations do who have no financial backing, while ... |
|
 I just enrolled in a retirement plan....? |
| I'm 23 yrs old and wondering how safe is investing in international funds.... |
|
 Advantages of investing in mutual funds vs. individual stocks? |
I've recently started work in my first career type job and have more money now and am keen to start investing money long-term for later in life.
Right now within my portfolio I have ... |
|
 Offshore Bank Account, why? |
why would someone have one and why would they.
for what reason and what is the maximum and minimum you can hold.
... |
|
 What are some penny stocks worth investing in? |
| Looking to go into the stock market for the first time and I have 1,000 dollars maybe a little more that I am willing to jeopordize to possibly gain more money. What stocks should be ones to follow ... |
|
 How can I find out if an old premium bond has won any money? |
| A friend of mine recently found an old premium bond given to him by his father and wants to know if it has won him any money. Any help would be greatly appreciated.... |
|
 At 15yrs old I'm ready to invest - help me decide how? |
| I would like to invest about $200 (more or less) of my money in hopes of gaining more money and some experience in investing. I don't care much about the risk of my investment, but the time it ... |
|
|  |
mavrix33 | If I were to buy 10,000,000 shares of stock vauled at .0001 a share, how much did I make if it raised to 0.69? |
So thats Basically $1000 for 10,000,000 shares of stock. and the value jumped to $0.69 from $.0001.
Additional Details
Thats what I thought. I wish I had bought some of that SREA on 1 April. Dang! |
 |
 
PepsiLime
 |
Well, if it cost you $1,000 to buy the stock, and each share goes up to .69 per share, your 10,000,000 shares are now worth $6,900,000. So you've just made a profit of $6,899,000 if you sold all that.
PS, If you made that much of a profit, you'd have to pay taxes on it. If you held the stock for at least 1 year you have long-term capital gains, which is subject to a maximum rate of 15%. If not, then it's short-term capital gains, which is subject to your tax bracket, which from making that much of a profit, would be pretty high.
One more PS, since you disclosed the stock, SREA, I did some checking on it. It's probably one of those "pump and dump" penny stocks that the scam artists are saying to buy, that that will be the next microsoft. The only people who make money on those stocks are the ones who are pushing the stock to raise the price on it. The scam artists do the pump, and then they do the dump. And people like you and me are left holding close to worthless stock, if they were suckered into buying.
I've attached a warning about it, that it is a scam pump & dump stock. |
|
ThatGuy!
|
you'd make 6,899000
before tax.....
so what sub-penny pink sheet scam is this for? |
|
robbie-5675
 |
$6,899,000 |
|
katerschenko
|
$69000. |
|
Ron
 |
If you paid (10,000,000 * .0001) $1,000 for the stock and it jumped to .69, you would have 10,000,000 * .69 = $6,900,000.
Not sure what stock you could be talking about. |
|
BOB H
 |
only one way to find out just buy it |
|
mom of 3
|
69,000,000 |
|
euchre_king_03
|
Take number of shares multiplied by price per share to equal total value.
10,000,000 x $0.69 = $6,900,000.00
Subtract initial investment of $1,000, for a total gain of $6,899,000.00 or 689,999,900% |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 35 minutes(s) ago
| | | |
8 | 55 minutes(s) ago
| | | |
8 | 1 hour(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 4 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
8 | 2 day(s) ago
| | | |
8 | 5 day(s) ago
| | | |
8 | 1 week(s) ago
| | | |
8 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
