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mike41

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mike41

Re: Trendliner post# 129295

Friday, 01/20/2017 8:22:16 AM

Friday, January 20, 2017 8:22:16 AM

Post# of 146211
$1 is also has logarithmic properties, that is, delta monetary declines become exponential percentage decreases in stock value as compared to above $1. The reverse is also true, purchasing the stock at $0.5 and having it go to $1.00, takes much less demand for the stock than going from 1 to 2 $. The shorts are fully aware of this attribute, but I have to admit, it is fun watching them trying to crack the $1 barrier and bounce off every time.
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