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AccipiterQ

03/18/09 3:08 PM

#23456 RE: rjbluesky #23235

ok, well using that example of JCOM. it was 2 bucks, they had a reverse split of 1:4 which means you're now holding 1/4 of the shares you once were. Now it runs to 70 bucks. That's the equivalent of 17.50, so 8.75x your initial investment.

Take ASFX today and multiply it by 8.75. That gets us to.... .00525. In other words most of us would still be underwater. I'd still be at a 50% loss. So if asfx took off and went on one of the best runs in the history of the market, similar to JCOM....we'd still mostly be losing money. That should tell you how crappy this stock is.