Grifco Inc (GFCI)

[lentinman]

Cyo:

This is my last comment on it because it is so ridiculous.

Theoretically (and that is the word) you could make some astronomical percentage. Suppose you cover at .0001. What was your percentage gain on your "investment" based on your definition - 80 gazillion percent???? That's as absurd a thing as anyone could ever say.

The fact is that your INVESTMENT was NOT 10 cents. It was $100! Why? Because you risked $100. How complicated is that? That $100 could have been not only eaten up alive with a short squeeze, but it could have even gone way beyond a $100 loss. Just because it may have been on margin does NOT mean you did not invest it (and risk it)!

You NEVER invested 10 cents and you NEVER only risked 10 cents. YOU invested and risked $100. Therefore, when you get back $99.90 on that $100 investment, your gain was 99.9%. That's a fact. That's the bottom line. And, no offense, but to argue with it is going to cost you credibility.

Len