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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Haugland who wrote (10753)4/20/1998 6:51:00 PM
From: sawgrass  Respond to of 13456
 
The gain/loss is NOT the same. For the same dollar amount,you could own more shares at 8 than 12.The math is simple.At 8 you could own 1.5x the shares held at 12. Therefore a 4 pt rise equates to 1.5x the loss of a four point drop from 12.Or in this case a 33% difference.