Many longs have a high average. Thus "recovery" is a better word than "profit".
Average .02? 99% loss
Average .01? 98% loss.
Average .005? 96% loss.
Average .002 to .0002? 89.99 percent loss
Average .0008? 75% loss.
Average .0005? 60% loss.
How about .0004 average? 50% loss.
LIBE is bouncing between .0001 and .0002. 18 days now since the hyped RM date of 15 May. Zero shares traded on Friday. $105 in trades on Thursday.
Hard to make 100 percent profit in 24 hours when trades are zero. Hard to make 100 percent profit in 24 hours when trades are $105 total on a trading day.