Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

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To: golden_tee who wrote (734)	4/16/1999 12:36:00 AM
From: Kevin Podsiadlik	Read Replies (1) of 10293

I think your calculator broke. If the stock goes to zero you would still only make 100%. While that is certainly the most common perception, I've often thought it a bit unfair. If you buy a stock at 1 and sell it at 7, you usually call it a 600% gain. But if the sell happens before the buy, somehow it's only an 86% gain. Go figure. You do realize that your losses are unlimited on the upside? Yeah, yeah, and shorting is un-American, we know...

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