Post by
Potadvisor1 on Dec 11, 2023 1:53pm
Another important point to mention
especially for those who don't get math, is the price one has paid for a stock originally. Since my average price I paid for IVN happens to be about $1.50, and lets say IVN goes up a dollar per share from say, 11 to 12, well my percentage increase is exactly 66.6% so if I compare that to say, buying that money losing stock CS at say 5 dollars and it goes up a dollar, well I know my math says I would have only made 20%. Now let's see, lets play a game shall we ??? back to sesame street for some here I know that. lol
Which number is bigger ??? 66 or could it be 20 ??? In some peoples twisted book it would be the 20. lol Again people, what percentage you make depends exactly on; what price you paid for the stock originally. I can tell you just in my case. I would rather make 66% than 20%. Hey but that's just me. I will stay with IVN and since I know for every $1.50 move up in the future I will make another 100%, I am totally fine with that since a stock like CS which is losing money would only make me 30% if I bought it at 5 but holding it past 6 would also be extremely risky, since they can never compete with IVN when it comes to low cost and huge present and future earnings. They can't even come close to our grade, size and the amount of deposits we have. They have scraps from a garbage container and we have the crem de la crem. This now ends my math lesson for some who are just learning it. lol If some don't get even these basics, wellllll than there is no hope for them and it would be a total waste of time to do another math lesson. lol
Comment by
Cobalt on Dec 11, 2023 2:15pm
5 years CS 1,116%, IVN 411% WoW CS clear winner
Comment by
Cobalt on Dec 12, 2023 7:48pm
Taking a page to explain his math LOL you know something is off when 1 sentence is all you need. 5 years CS 1,116%, IVN 411%