Percentages can be tricky:
Lets say you own 10,000 shares of LVS bought at 100/sh & 10,000 shares of LVS bought at 2/sh. - so 20,000 shares total.
Lets say Las Vegas Sands drops from 100/sh to 2/share (which it did) - thats a 98% loss. A person who experienced this drop lost 98% of his money (poor him/her).
Lets say Las Vegas Sands rises from 2/share to 24/share (which it did) - thats a 1200% gain. A person who experienced this rise made 1200% on his money.
Is the person even close to breaking even???? Answer is a big NO. The person is not even close to breaking even. This person needs Las Vegas Sands to rise back to $51/sh with 20,000 shares to break even - thats another 1350% gain on those shares required to break even.
So on a 98% loss with 10,000 shares, it requires a 2550% upside move with 20,000 shares to get your money back.
Stocks rise out of the hole a lot quicker when the PPS is low than they do farther down the road. CPRK stock could rise thousands of % points out of this 0.0030 per share hole very fast if they start producing copper & pay off some debt & operations expense with bank financing. The problem is the share dillution factor - way too many shares were dumped on the market by CPRK in the last year which will greatly slow down the rise in PPS out of this current hole.
