Replies to post #522 on Alphabet Inc (GOOGL)

[eastunder]

Yes and No.

I wondered if percentages were going to pop up in the picture, LOL, and I almost put that in that post that the focus is on a dollar amount not a percentage amount.

But lets take it there...

If you compare a low priced stock, percentages do enter in the picture, all in my humble opinion mind you, ;) and that's only because larger percentages come into play when the stock is cheap to achieve what we are talking about and you need to look at whether a stock can actually move that percentage to begin with.

But looking at the two prices 400 or 800 and looking at the daily moves a stock in this price range makes anyway - Looking at the daily moves you would be comparing a 1.25% move on one set (the 400) compared to a .625% move on the other (the 800 )to equate to a five dollar move. Right?

Technically, both are easily reached either way. Those are small percentage moves in all honesty.

So - I'm sticking to my original thought. LOL

The advantage is more shares.