InvestorsHub Logo

arvitar

01/20/17 9:08 AM

#129299 RE: mike41 #129298

Hold on a sec there.

When a stock drops from

- $100.00 to $90.00, that's a 10% decrease.

- $10.00 to 9.00, that's a 10% decrease.

- $1.00 to $0.90, that's a 10% decrease.

- $0.10 to $0.09, that's a 10% decrease.

- $0.01 to $0.009, well, that's a 10% decrease too.


Please point out the special "logarithmic" properties that are unique to $1.00, about which the NNVC shorts are so concerned about.

Thanks!

Its_lose_not_loose

01/20/17 9:20 AM

#129300 RE: mike41 #129298

I happen to think it's a tragedy that the longs have lost so much value over the last n number of years. I used to be one of those longs who suffered. Although I am a disenchanted long, I still don't wish them to suffer additional losses which, unfortunately, I believe will happen.

but I have to admit, it is fun watching them trying to crack the $1 barrier and bounce off every time.