Oh, great. Good thing I've got the investment guru dream team of Walter and Proto to set me right. Ok, let's see. If you bought 1000 shares of LWLG in, say, 2007, your average cost basis would be about $1, for a total value of $1,000. Today, after 17 years, those 1,000 shares are worth 2,800. An increase of 1,800 or 180% return.
During that same 17 year period the Dow returned nearly 400%, Nasdaq was 690%, S&P was 485%
Now, I'm not a mathematics professor, but I think that means LWLG has grossly underperformed when measured against these markets. The opportunity cost of holding LWLG for 17 years,therefore, is between negative 220% and negative 510%.
A very very poor investment indeed.
Stick with your day jobs, gents. Oops. Forgot, Walter is a retired accountant.
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