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Re: carsalesman post# 69096

Sunday, 02/28/2016 10:24:52 AM

Sunday, February 28, 2016 10:24:52 AM

Post# of 100699
Tell me again using percentages how much the pps has dropped from its high? I believe that's about 94%. Kind of like once having $100 and now having $6.

Let's check my math real quick.


% Decrease = Decrease ÷ Original Number × 100

So, 30/32=.9375 x 100 = 93.75%

So it's actually pretty devastated from where it was.

If Monster (MNST) lost that much tomorrow you could pick it up for $8.18 and it'd blow up in the news that the company has cratered.

So, when a stock is down 93.75% then something in the company has collapsed and imploded. I think everyone would agree to that. It blows my mind that you die-hard RMHB fanboys would say how horrible an unknown stock is based on that kind of pps loss, then turn around and put this company on a pedestal for failing so miserably.