slash.dot readers have a formula for making it rich:
Step 1: Idea
Step 2: ???
Step 3: Profit!
Here's another formula:
Step 1: Receive shares valued at $7.37 or $30.15 each.Step 2: Wait for a stock sale conducted under a prearranged 10b5-1 trading plan which allows company insiders to set up a program in advance for such transactions and proceed even if they come into possession of material nonpublic information.
Step 3: Sell 200,000 of them at $45.65 to $47.03 on one day.
Net benefit: at least $3.3 million. Details here.
Actually, the concept comes from an episode of South Park, the Underpants Gnomes one. Slashdot just likes the concept.
Posted by: Paul | Oct 29, 2007 at 01:23 PM
I came across another way: buy day-old bread and ship it across the International Date Line...
Posted by: Bill Fane | Oct 29, 2007 at 04:30 PM