GREY:CHALF - Post by User
Post by
quantrickoon Nov 01, 2022 6:39pm
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Post# 35064709
ANYONE WANTS TO INVEST IN USA CHAL? Look at Math
ANYONE WANTS TO INVEST IN USA CHAL? Look at Math - The history of this stock in numbers that don’t lie:
8 Years ago, GLD (now CHAL) was $1.35 - In other words, prorated to post REVERSE SPLIT X23 multiplier:
$1.35 X 23 = $31.05 prorated value to post May 25th - After Reverse Split date (May 27th ) , Stock was $1.27
- From 2014 to 2021 (Simply 7 Years):
Stock lost $1.27 - $31.05 = $-29.78
% Loss = -(29.78 ÷ 31.05) X 100 = -95.9% Loss in stock value & your investment in 7 years. - From May 27th 2021 to date (Tuesday November 1) the stock declined from $1.27 to $0.12.
- Loss in value & investment within 17 months as a percentage is:
$0.12 - $1.27 = - $1.15
(-1.15 ÷ $1.27) 100 = -90.5% (Loss in your investment - OVERALL loss of stock value in 8 YEARS to date:
$0.12 - $31.05 = - $30.93 loss
As a Percent Loss:
(-30.93 ÷ 31.05) X 100 = - 99.6% LOSS in stock value - That means an annual DROP in value of
99.6% ÷ 8 years = 12.45% drop in value per year - If you invested $1000 last year (May 2021)
YOU WILL ONLY HAVE 0.4% so 0.4/100 =
0.004 X $1000 = $4. FOUR BUCKS
IS THIS WHAT ANYONE WANTS TO INVEST IN?
YOU CAN’T EVEN SELL IT NOW.