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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (4899)8/31/1998 9:05:00 PM
From: Joseph G.   of 78505
 
It is a very common misconception, even for engineers, etc. to think that if a stock drops 7%, they are saving that 7%, and it just can't possibly drop more than 93% more - "just gut feeling". Yet, it is quite obvious, it mathematically can go to zero, that is, drop of 100% from any price is possible.
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