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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (35284)1/10/1998 9:28:00 AM
From: TideGlider  Read Replies (1) | Respond to of 55532
 
Ditchdigger: Off the top without thinking much this am, I would
say that the numbers would be 200% and 66.666 % respectively.

If I am reading you rpost correctly. I have often laughed about
the tossing of % pts they are very confusing if not explored.

A 20 stock loses 30% and hits 14. It gains 30% after the loss
and hits 18.2 :) So it pays to think like you are.

TG



To: Ditchdigger who wrote (35284)1/10/1998 10:01:00 AM
From: FTJoe  Respond to of 55532
 
Sounds like the Abbot and Costello routine. Girl is 10 Costello is 40, 4 times the age. Five years later he's only three times older, 15 years later he's only twice as old. Costello says something along the lines of pretty soon she'll pass me up.

My father used to confuse me with the old, take 30% off the price of something, then an additional 20%, what do you have? A common marketing ploy, looks like 50%, but the 20% is really on top of the already discounted number, not off the original.

Percentages are simply relationships between numbers, they mean nothing in and of themselves, they should not be compared as they are not really numbers themsleves, just a comparison of numbers.



To: Ditchdigger who wrote (35284)1/10/1998 10:10:00 AM
From: s martin  Respond to of 55532
 
You ever figured the dilution on this one? After the 30:1 split one year ago... there were less than 1,000,000 shares o/s, there are now over 14,000,000 o/s shares. In an old post from the OLPV thread Mad Mouse calculates his post split price as $47. a share, what do you think the dilution has done to his shares ? <VBSEG>

To: +Kramer (196 )
From: +Mad_Mouse Monday, Jul 21 1997 3:59AM EST
Reply # of 13108
>>>snip <<<<<
P.S.S. BTW Jim, I originally bought 1700 shares at 1.56 before the reverse split. That translates into 57 shares at 46.87 after the split, so I've got you beat by a long shot on most expensive shares <vbg>. I've learned much since then.