Replies to post #137332 on The Question and Answer Board (IHUB)

[Stock]

What time does the Patriots game start Sunday?

[IH Geek [Dave]]

if your stock is at 1 and goes to .001 thats 1000%

Sorry. no cigar.

Rate of change = (begin price - end price) / begin price

(1.00 - 0.001) / 1.00 = 99.9%

0.999 / 1.00 = 99.9%

The most you can go down is 100%. If you invest $1 million and get $0 in return, your loss is 100%.

I sold a stock for 3666% gain

That's a gain, not a loss. You can go up more than 100%, but you can only go down up to 100%. Look at it this way... if you double from $1 to $2 that's a 100% gain. If you go back down from $2 to $1, that's only a 50% loss. Damn those mathematicians!

and how dare you speak to me that way.your post is on its way to the attorney genrals office in my state

Okay by me. Make sure you send yours to the school board.

[Brad S]

Thanks a lot, buddy. I just lost 5 IQ points reading your post. And it's not like I really have any to spare.