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Re: transcendself post# 29827

Wednesday, 11/15/2017 5:05:26 PM

Wednesday, November 15, 2017 5:05:26 PM

Post# of 79597
Wow. I’m going to avoid disparaging education in America or any individual users here. I’ll show my work on this 8th grade math question.

.0059 represents what % drop from .04?

The drop from .04 to .0059 is .0341
.0341/.04 = 85.25%. Exactly.
Even if you wanted to use crazy math and Talk about the peek of .04 which went up from .006 before and back down again, you could say the stock reversed a former 667% gain. But no one ever EVER talks like that.
It’s down 85% from last years high.

It’s certainly not a great number. But the fact of the matter is during that time we went from about 80m to 500m shares outstanding. So it really makes sense.
Glta.
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