BLUU .0001 how much is this??

Discussion in 'Stocks' started by cashclay, Nov 18, 2015.

  1. cashclay

    cashclay

    Im thinking about buying this stock, but how do calculate this? I want to buy about 1000$ worth. Is this 1 cent?
     
  2. Perhaps 1/100 of $.01... 10 Million shares for your $1,000?

    That could end being a home run kind of play. But you have to realize the odds favor the stock going worthless. Good luck with it.
     
    Last edited: Nov 18, 2015
  3. cashclay

    cashclay

    thanks! im horrible at math how did you multiply this???
     
  4. $.01 = 1 penny. $.0001 = 1/100 of one penny

    Sorry, I missed it on the 1st go...

    10,000 shares for $1 x $1,000 = 10,000,000 shares.
     
  5. NoBias

    NoBias

    By moving the decimal point
     
  6. cashclay

    cashclay

    thanks again!!
     
  7. cvds16

    cvds16

    Wow, can't help wondering how you actually manage to live in this modern day and age ... this is like math for 12 year olds ... 'dumbfounded' doesn't quite catch it ... you might reconsider actually doing any 'active trading' ... it just doesn't seem anything for you ...
     
  8. komorebi

    komorebi

    I do not know the implications of this, but are you aware of the following SEC filing?

    16 Nov 2015: form 15-12G
     
    Last edited: Nov 18, 2015
  9. Your phone, iPad, laptop, or desktop all have built-in calculators.
    I'm guessing you're not on your way home from a MENSA meeting?
     
  10. cashclay

    cashclay

    you people can go kiss my ass. I seriously cant understand why people are in this incessant state to constantly ridicule and judge. They have this insatiable need to belittle others so that they can seem somehow bigger. LOL. plz you're pathetic.
     
    #10     Nov 18, 2015