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Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera!
NAMX 0.00010000.0%Mar 7 3:00 PM EST

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To: Sidney Reilly who wrote (3900)6/9/1998 6:03:00 PM
From: cAPSLOCK  Read Replies (1) of 4736
 
We have little down side left <gg>.

This statement has always puzzled me. And I seem to hear many many people making it about their favorite dog stock.

But It seems to me that (.04 to .00) = (100.00 to .00) in that they both represent TOTAL losses. The difference is that a 2 cent loss on the first example represents 50% of your money, whereas a 2 cent loss on the other one would be only .02%!

In dollars, at a $100,000 investment it is comparing $50,000 with $200.

Not much downside??? No. Just not much more land left till we fall off the cliff.

James

BTW, before anyone accuses me of 'explaining obvious and elementary stock market principles". I am only rebutting what I think is either a deceptive, or foolish remark. -j
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