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Rawnoc

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Rawnoc

Re: Lazarus post# 48

Saturday, 03/20/2004 9:15:39 PM

Saturday, March 20, 2004 9:15:39 PM

Post# of 87
actually...

>> 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%. >>


Common mistake on these threads. You have to subtract the 100% you started with. .02 to .08 is a 300% rise, not a 400% rise. The rise is (.08 - .02) = .06 which is 300% of .02.


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

650%...


Raw

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