re: MVIS rumored partnership with Microsoft.

There’s no need for the dismissive and condescending tone.

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40% of $1000 is still $400. Doesn't matter if it is in a penny stock or Apple

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This

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40% of $1000 is still $400.

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Are you saying the person owned $1,000 worth of a stock that was selling for less than a penny?

Or to put it another way, he owned about 250,000 shares of that less-than-a-penny stock?

Not only is that not likely, it's damn UNLIKELY.

If he owned 1000 shares, which is more likely, his gain was a grand total of about $4.

2,000 shares? $8! WOW!!! Be still my heart!

You can brag to all your friends about making 40% on a stock in one day and hope you look like an investment genius to them but you can't buy a cup of coffee and a muffin at CC's with the day's profit.

That's the mathematical reality of playing with those kinds of stocks.

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Are you saying the person owned $1,000 worth of a stock that was selling for less than a penny?

Or to put it another way, he owned about 250,000 shares of that less-than-a-penny stock?

Not only is that not likely, it's damn UNLIKELY.

If he owned 1000 shares, which is more likely, his gain was a grand total of about $4.

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how is this unlikely though? there are many people out there that like to 'play' in the otc markets and make a killing doing so.

i've bought and sold tons of plays under .01 (thousands, and if you get to the .000 territory, it's millions of shares) and have done well there.

yes, we know, the otcmarkets is unsavory and meant to be only for wolf of wall street types and suckers and pieces of shite like me, but there is a niche there and you can make money.

again, it's all about your risk appetite anyway. 99% of the otc are share selling scams and fake mergers, yep...but knowing that going in and not pinning hopes and dreams of getting rich on onetstock in the otc should be a prerequisite to venturing there anyway.

i know i know, you are much more finance and wall street savvy than I and the vast majority on the board, so i will concede to you in any debate here.

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Your idea is that he didn’t invest a large amount into it. But you have no clue

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He said he didn't. His exact quote was "I still have a few (shares)."

So, unless you believe "a few shares" means owning millions of shares, then, yeah, I DO have a clue. And the percent he was celebrating was +25% not +40% as I wrote earlier. (I was going by memory earlier and I just looked up his thread to get the exact wording.)

And since the day he posted that his stock has since lost almost 70% of its value from when he started his thread. It's now selling at .0054 cents/share.

I don't want to link his thread because I'm not trying to call him out. I was just using his post as an example of how being up a big % on a near worthless stock is cute but not meaningful.

Nobody cares how much he made. Why you gotta shite on him

I’m not invested in this, I don’t care. And like I said, you don’t know how much he invested

just add him to your ignore list dude. that's what I did. be careful tho bc he has several alternative accounts but I can usually spot em pretty fast

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LSURussian

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I been spending hundreds since they had small faces.

Holler at me when you get that bankroll up.