Casey Scores Again
Wannabe Celebutard™ in Seattle last summer courtesy Deflationland.
The boi spins straw from gold the Anit-Rumplestiltskin.
This is the 5 day chart of Goldspring somebody dropped 6 million shares a few minutes ago wiping out Casey's entire world. The trainwreck that is Casey continues. This is what he thinks:
The picture gets even better when you single out GSPG. Here is my trading history:
03/19/2007: 1,300,000 shares @ $0.0034 ($4,420)
09/11/2007: 200,000 shares @ $0.0007 ($140)
02/28/2008: 439,900 shares @ $0.0205 ($9,031)
01/29/2008: 340,000 shares @ $0.0189 ($6,439)
That’s 2,279,900 shares for a total cost of $20,030 plus transaction fees
Back to OPM and the power of leverage…
The interest on $20k i used to purchase the stock is tricky to calculate because it’s spread across several accounts. One of those accounts is at 0% APR at the moment.
Lets just estimate high and make it $400.
So as long as my investment is going up more than $400 per month, I’M IN THE PROFITS!
2.3 million shares at a dollar cost average of 0.9¢ each. When GSPG hit 6¢ he was sitting on more than $100,000 in profits. Well only half as Galina is entitled to the other half but let's not start that soap opera. Anyway, last quote was 2.1¢ meaning he's got a nice double maybe $20,000 although the fees and interest have taken probably 1/3rd to 1/2 that and cap gains another 10-15%. And what is Flippy doing? Enema cleansing and fasting. Nero fiddled.