A LITTLE CLOWN MATHSo the Clowns look to be having a little better day today than their usual 3-5% daily drop. But before they get too excited, let's do a little Clown math.
Just to round things off and make for easier math, let's say they should/could have sold at $70.00. And then let's say the bottom was $9.00.
Ok Clowns, here we go!
So from the $70 high, you've now lost about 92% of your investment. Now, the Clowns will say, hey I'll make that 92% back!
Not so fast Clowns. You don't need to make 92% percent to get back. If the base is now $9.00, the current price only has to rise by about 770%
Should be easy, right Clowns? ;)