InvestorsHub Logo
Followers 53
Posts 3489
Boards Moderated 0
Alias Born 02/05/2014

Re: Rothman post# 38419

Wednesday, 03/12/2014 3:53:51 PM

Wednesday, March 12, 2014 3:53:51 PM

Post# of 66247
I don't know where you learned math, but:

(0.017 - 0.0017) / 0.017 = 90%

not "about 1,000% give or take few hundred %."

It is not possible to go lower than 100% DOWNWARD without going into negative numbers, and of course, stock prices are never expressed as negative numbers.

During the October 11-13, 2013 timeframe, there was an unusual spike in the price of PPJE, so if someone was unfortunate enough to purchase PPJE at that time, and they are still holding now, then yes, they are down 90%.

With the exception of VERY long longs, who are holding from before the reverse split of 2011, most are holding from much lower prices simply because the price was rarely that high. For over 2 years, the price of PPJE was only over 0.01 that one time in October of 2013.