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ThomCa-ching

05/14/10 4:42 PM

#17461 RE: ptrigger #17460

Pardon, I was looking at it from the opposite direction. If you had a $1.00 and went absolutely toward it would be $1,000 downward, or 90% loss.

Because it'll take $1,000% to bring this back to $1.00 it could be treated as an absolute measurement :)
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accman83

05/14/10 5:28 PM

#17467 RE: ptrigger #17460

Its actually down 1000% from $1.00.


You're looking at it incorrectly.

From .09 to .18 is a 100% gain.....
So the loss is that in reverse.

Pop it into excel or something like this:


Sell price - buy price = X

gain (Loss) = X / buy price



If you bought at .09 and sold at $1.00 you would have a profit of 1000% or ten times the money......




GLTA