http://www.empireavenue.com/EATRADER is an experiment. Here’s the idea.
Buy me, then sell me…keeping 1 share as a marker (so I can easily reciprocate). We both keep the eaves from the buys, but share prices won’t rise.
I suggest that everyone who is interested in this idea should create one alternate account, and participate in a massive buy/sell circle that generates eaves.
> Don’t do this if you have 30k+ shares issued already, or the math doesn’t work out. (Due to decreasing returns from the “take home” portion of each buy.)
> Your stock price should be under 50e.
> Wait for a fast mover to slow down. The increased commissions eat into the profit margin, and can negate it entirely at the 50% rate.
> Only buy once, and max before selling…you don’t get the eaves from subsequent buys from the same user!