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Biotech / Medical : 2010 Biotech Charity Contest -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (115)1/6/2010 5:54:28 PM
From: rkrw  Read Replies (1) | Respond to of 356
 
Maybe not a gambler but a generous man. Good to see.



To: Ian@SI who wrote (115)1/6/2010 6:25:01 PM
From: jbogd  Respond to of 356
 
He's definitely not a gambler. A gambler would instictively understand that going from $100K starting point to $200k is a 100% gain not 200%. :-)

But if I would only increase my 2nd portion per your example it would only be $250 x 100%= $250.

I am a gambler, but some bets are worth losing.



To: Ian@SI who wrote (115)1/6/2010 6:59:46 PM
From: DewDiligence_on_SI  Respond to of 356
 
>A gambler would instinctively understand that going from $100K starting point to $200k is a 100% gain not 200%. :-) <

Many biotech stocks are scams, so one could make the argument that zero dollars at the end of the year is the appropriate baseline value. In that case, jbog’s arithmetic makes perfect sense :-)


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