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Technology Stocks : eToys Inc. (ETYS) -- Ignore unavailable to you. Want to Upgrade?

To: Aquaman who wrote (1229)12/20/2000 5:10:21 PM
From: Dave Gore  Read Replies (1) | Respond to of 1330
 
Aquaman, think about it. If you bought ETYS at 30 cents and it goes to 15 cents, it is the same exact loss (50%) that you would lose if you bought a stock at $30 a share and sold at $15. If you stuck $5,000 in each you would lose $2,500.
Good luck to you guys who are long.

YOU said:
"One great thing about it.....if you only pay .25-.37 per share that is all your gona lose."



To: Aquaman who wrote (1229)12/20/2000 7:57:52 PM
From: aknahow  Read Replies (2) | Respond to of 1330
 
We keep hearing that one can only lose $1 or 25 cents or 40 cents if one buys a low priced stock. Everything is relative. If one invested $100,000 when a stock is $80 or $100,000 when the price is 30 cents the potential for loss will not be decreased by the fact that the stock is "cheap".


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