Post by
Oldnagger on Feb 05, 2021 5:08pm
Sleepy old Nuvista
Based on last 3 mos share price gain of 175 %, the equivalent annual rate of return is 938%.
Sorry , if I woke anybody up !!
Comment by
alvarez2 on Feb 05, 2021 6:36pm
About 82 % 3 month gain by my math............not 175%.
Comment by
Oldnagger on Feb 05, 2021 11:54pm
Atta girl , I always try to be attentive !! I will wait for the Occasion.
Comment by
Oldnagger on Feb 05, 2021 11:51pm
$ $1.40 ? 0.77 = 182 % by my calculator. What an I missing?
Comment by
Oldnagger on Feb 06, 2021 1:09am
Seems it is I who is the Sleepy one . You are right so 4 times 82 % = 332 % annually. I guess I will have to cancel my order for that electric Maserati .LOL
Comment by
Oldnagger on Feb 08, 2021 5:21am
I finally woke up. 1.40/.77= 1.82 for 3 mos 1.40 times 1.82 = 2.55 for 6 mos 2.55 times 1.82 = 4.64 for 9 mos 4.64 times 1.82 =8.44 for 1 year Please feel free to comment if I am wrong this time. Of course share prices cannot maintain this growth rate forever ( unless of course they represent entities that have absolutely no asset nor earnings backing ) LOL !!