I am an online stock trader. Checking out NPLI opening value at $1.25/share, it has gained 57% of that value and is currently at $1.82/Share. It is going back to its $2/share where it had coasted for the past months.
What did this meant for us? It meant we could have made lots of money. I had my money wrapped up in PPRO, and it was taking a dive from $95 to $75. I bought it at $90, so i was worry my tails off.
If I had known better, and had assurance that Netpliance would have brought it's stock back up to $2, i would have purchased it. I mean, the company isn't that bad after all. It is worth $2 is it not?
I should have seen this, should have seen the cycle that it will go back up to $2. Since late last friday to yesterday, the market had been falling.. it would have gone up eventually. There were big gains from NPLI stock.
Now at $1.82/share, see how it would coast around it's comfort zone of $2/share, there isn't incentive to purchase it.
You dont even need much money to make some. Let's say I had invested $2,000 on NPLI when it was $1.25, with just a few hours of today, I would have made 57% on my principle. That is a profit of $1120. A substantial amount within the small time interval.
For me to make that much gain on my PPRO stock, it would have to go from $90 to about $140. Which is rather more unlikely.