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To: gc who wrote (27380)8/3/1999 3:16:00 PM
From: Dave A.  Read Replies (1) | Respond to of 41369
 
<<Look at this way, You need to go up 100% to get even after you are down 50%. How much do you have to go up to get even after you are down 100%? Infinity! That's the sadness of the downside.>>

Be careful what you say. The formula for required gain in the example you cite is PERCENT_REQUIRED_UP = ORIGINAL_PRICE / CURRENT_PRICE. Since division by zero is not defined, your argument remains valid up until the zero point. At $0.01 per share, you need to go a lot to break even. But once the stock becomes worthless ($0.00 per share), nobody really knows the answer--it becomes a religious and mystical matter.

That is the JOY of the downside. You may pursue a life of mysticism and become a monk.