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Old 5th Jul 2015, 13:32
  #153 (permalink)  
Um... lifting...
 
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That is a big drop and much bigger then the 9 dollars or so that CHC stock have gone down.
Not on this earth.

Let's suppose two investors each had $10000 to invest and each bought either BRS or CHC at or near the high and nobody charged them commissions.

Our BRS investor would have bought around 125 shares at $80/sh.

Our CHC investor would have bought around 1000 shares at $10/sh.

The BRS investment is now worth around $6250, or a loss of around 37%.

The CHC investment is now worth around $700, or a loss of around 93%.

I'm forever amazed at how some ostensibly educated adults can't manage percentages, compound interest, and other fairly simple life mathematical skills.
Um... lifting... is offline