|
GM stock is up 50% today
|
11-26-2008, 09:00 PM
Up 50% still doubles your money no matter what the price of the stock! Well, not exactly. Up 50% would be if a stock was at 2.00 (the denominator) and went up 1.00 (the numerator) to finish at 3.00. The plus side to this kind of math is that if the stock drops back down to 2.00 tomorrow, it's only a 33% drop. 50% gain, 33% drop. You could get rich that way. Or not. |
|
« Next Oldest | Next Newest »
|
| Messages In This Thread |
|
GM stock is up 50% today - by mikebw - 11-26-2008, 06:07 PM
Re: GM stock is up 50% today - by ztirffritz - 11-26-2008, 06:11 PM
Re: GM stock is up 50% today - by billb - 11-26-2008, 06:28 PM
Re: GM stock is up 50% today - by samintx - 11-26-2008, 07:10 PM
Re: GM stock is up 50% today - by JPK - 11-26-2008, 07:36 PM
Re: GM stock is up 50% today - by threeprong - 11-26-2008, 07:38 PM
Re: GM stock is up 50% today - by pdq - 11-26-2008, 09:00 PM
Re: GM stock is up 50% today - by sekker - 11-27-2008, 01:09 AM
Re: GM stock is up 50% today - by Grateful11 - 11-27-2008, 03:10 AM
|
