AI
Saturday, April 26, 2008 7:17:46 PM
ever heard of percentages when making assumptions about price fluctuations?
Price moved 100 dollars. What does that say to you? Might seem a lot, but really, is it? What if the PPS was 100000000 dollars?
And actually, let's be honest, there is not even a formula, is there? I really hope there isn't because if there really is, wow, 'the makers' still have A LOT of work to do fine tuning it because it is so out of line they should be ashamed of applying it already and making these meaningless results public.
Oh, and in case you were wondering, a price fluctution of 0.001 USD on a 0.002 USD stock would mean a fluctuation of 50%. Ever checked how much volume of the entire float get's traded say on a stock quoted on the NYSE when it makes a fluctation of 50%? Yes indeed, it is a lot huh!
Price moved 100 dollars. What does that say to you? Might seem a lot, but really, is it? What if the PPS was 100000000 dollars?
And actually, let's be honest, there is not even a formula, is there? I really hope there isn't because if there really is, wow, 'the makers' still have A LOT of work to do fine tuning it because it is so out of line they should be ashamed of applying it already and making these meaningless results public.
Oh, and in case you were wondering, a price fluctution of 0.001 USD on a 0.002 USD stock would mean a fluctuation of 50%. Ever checked how much volume of the entire float get's traded say on a stock quoted on the NYSE when it makes a fluctation of 50%? Yes indeed, it is a lot huh!
just to check if the above is for the amusement of the writer and should only be considered as useless drivel
