News Focus
News Focus
Followers 127
Posts 5437
Boards Moderated 1
Alias Born 04/26/2001

Re: gramps2 post# 220640

Saturday, 03/20/2004 8:33:34 PM

Saturday, March 20, 2004 8:33:34 PM

Post# of 704041
do you know basic math???

Let's say you bought 'XYZ' @ .02 and for whatever the reason, you're still holding all your initial and subsequent buys. You come home from work one day and find it closed @ .075.... that's over 300%.... The thing has already given you over 300%.... in order for it to give you 1 more 100% it must "DOUBLE!!!"....


if you bought the stock at .02 and it goes to .08 it has gone up 400% if it goes to .10 that's 500%.

if the stock is at .075 a double to .15 would be a 100% move from .075 but a 750%increase from .02

overall not bad advice -- but since we have the BUY HIGH AND SELL HIGHER CROWD OUT IN FULL FORCE i like to squeeze all i can from them.

Lazarus

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today