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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (111256)12/5/2002 6:30:23 AM
From: ChrisJP  Read Replies (1) | Respond to of 150070
 
lol, Hey Taki, I sure have mixed feelings about that post !

1) A stock can't go down more than 100%. What's not intuitive is the logarithmic implications of percent drops.

The drop from 90% to 99% ( a drop of 9%) is just as damaging as the drop from 0% to 90%. The drop from 99% to 99.9% ( a drop of a mere .9%) is just as damaging as the drop from 90% to 99%. So I sympathize with someone who feels PCEL has dropped 250%, lol. I think it has dropped something like 99.9% (from reverse split adjusted $10 to .01) which is the reverse of a THOUSAND BAGGER !!

2) PCEL is a piece of shit and the SEC should put them out of their misery.

Regards,
Chris