/biz/ - Business & Finance

>>983036
Math out how much profit per $100 you invest in a stock to see if it's worth investing. You picked a stock that took a month to make a $10 return. vs something like FREE that can generate +$20 a day profit per $100 if you buy/sell at the days high/low.

For example FREE's low yesterday was .0312 and the high was .0396. If you invested $100 yesterday at the high/low you would have made a $26 return.

HA low yesterday was 38.53 and the high was 39.93. If you invested $100 yesterday at the high/low (assuming you could hit it) you would have made a $3 return. Huge difference.

Or if you bought $100 investment of HA a month ago at 35.91 and sold yesterday at 39.93 you would have made approximately $11. In a month. You can make twice that in a day. Just saying, you tied up a bunch of cash for a month for a small return that took way to long to get.