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Biotech / Medical : 2010 Biotech Charity Contest
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To: Ian@SI who wrote (115)1/6/2010 6:59:46 PM
From: DewDiligence_on_SI   of 356
 
>A gambler would instinctively understand that going from $100K starting point to $200k is a 100% gain not 200%. :-) <

Many biotech stocks are scams, so one could make the argument that zero dollars at the end of the year is the appropriate baseline value. In that case, jbog’s arithmetic makes perfect sense :-)
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