picking the bottom for nwe, page-29

>>"Simple math - ain't it grand".<<

Oh boy.... you can not have a DECLINE of 300% when the end point is 0. Maximum decline is 100%. The only was to have greater than 100% losses in the markets is if you're trading on leverage without stops at your purchase price.

If that is too hard for you to understand then maths may not be so simple for you.

What you call the inverse is actually the correct result of the DECLINE so at least your 66% is correct if you had a start point of 6 and current price of 2. How could you possibly have a decline of both 66% and 300% at the same time for the exact same variables - That just makes no sense.


The maths for calculating the percentage decline is actually pretty easy. Lets use your round numbers of 6c start price and 2c current price.

You simply deduct the current price from the start price to get the amount or the decline.
6-2 = 4

You then simply divide the amount of the decline (4) by the start price (6) and mutiply by 100.

(4/6) x 100 = 66%

If the share price was to fall to 0, you would have a start point of 6 and a decline of 6 so the maths would be.

(6/6) x 100 = 100%

so as you can see, the MAXIMUM a stock price can decline is 100% - non of the 300% rubbish.