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Re: PRAE post# 98937

Tuesday, 02/26/2008 7:40:33 PM

Tuesday, February 26, 2008 7:40:33 PM

Post# of 143048
Actually, at .08, MONA would only need to increase in price by 150%, not 250%, to reach the .20 pre-split price.

And to Heedapeeker:

The correct formula for calculating percent profit/loss is:

([ending price]-[starting price]} / (starting price)

This gives the result in decimal form. To convert to percent, you multiply the result by 100. In our case, if we apply the above formula, we get the following:

(.08 - .20)/.20 = -.12/.20 = -.60

-.60 X 100 = -60%

So JB is correct. The current PPS represents a 60% decrease in price from the presplit price of .0002.
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