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green*13

01/26/21 1:19 PM

#47847 RE: gainers #47842

0.0001 to 0.0017= 1600% percent gain aka 17 bagger
Example: if a stock went from $10 to $20 you would have 100% increase and $10 to $30 = 200% percent gain.
I see many examples on stock forums where they would say 0.0001 to 0.0017= 1700% but you have to subtract your cost basis of 0.0001 so the percentage is reflecting your gain not the mathematical multiple.
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longrunner

01/26/21 1:26 PM

#47852 RE: gainers #47842

1600%
(0.0017 - 0.0001)/0.0001 x 100% = 1600%