Replies to post #131765 on Amarin Corp Plc (AMRN)

[Nukemtiltheyglow]

So, to be really anal; is that like 10% to the 11th Power (11 days at 10% per day compounded) or simple math i.e. 11 days x 10% = 110%. There's quite a difference.

Not sure if it was a Biblical or just a parable on compounding.... A King once offered payment for services to a subject. He asked the subject if he'd rather receive a penny everyday for 30 days or a penny compounded daily for 30 days (1 penny to the power of 30). Had the subject known his mathematics he would have chosen option #2, which essentially would have bankrupted the kingdom. Then the subject would have become king...... or he would have lost his head.

Just pulling your chain DML..... :D)

Hope all of our wishes come true this year.

Nuke