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Re: rjbluesky post# 23235

Wednesday, 03/18/2009 3:08:38 PM

Wednesday, March 18, 2009 3:08:38 PM

Post# of 58003
ok, well using that example of JCOM. it was 2 bucks, they had a reverse split of 1:4 which means you're now holding 1/4 of the shares you once were. Now it runs to 70 bucks. That's the equivalent of 17.50, so 8.75x your initial investment.

Take ASFX today and multiply it by 8.75. That gets us to.... .00525. In other words most of us would still be underwater. I'd still be at a 50% loss. So if asfx took off and went on one of the best runs in the history of the market, similar to JCOM....we'd still mostly be losing money. That should tell you how crappy this stock is.

"Weak, Dow's only down ~2.5%. I was hoping for live, serious destruction. This is like Godzilla coming on shore, taking a sh** in the municipal pool, & heading back out to sea." -Gigantopithecus

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