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Re: DewmBoom post# 28471

Friday, 05/27/2022 8:44:35 AM

Friday, May 27, 2022 8:44:35 AM

Post# of 37695
I'm sorry but you are wrong. Let's say you are into the stock for 20 cents a share. the stock ends up going to 40 cents a share. That's a 100% profit.
Let say that you are into the stock at 40 cents a share, and the stock goes to 40 cents a share same as above.
The stock is the same price, but you are breaking even. 0% profit.
Do you understand what i am saying?
New investors or not it is based on what you paid for the stock.