Have you done anything in the stock market? Could somebody give me a quick run down?

For example, MS stocks are at about $30 right now.

Let's say I buy 5 shares of MS stock for $30 + $7 transfer fee. I would have spent $157

In two months, the share price goes up to $60, I want to sell then, 5 * 60 -157 = $143 made, right?

Is that how it works? I know realistically, you wouldn't sell that soon and it wouldn't go up that much that fast... Let's just use those numbers for an example?