picking the bottom for nwe, page-23

Tim - pretty easy mate.

Whats 3x2? That'd be 6.

So whats 100% of 2? That'd be 2.

Therefore 300% of 2 = 6.

Simple math - ain't it grand.

You COULD also look at it from the inverse - which would be whats a third of 6? Or 1/3 X 6 = 2.

Hence that would be a reduction of 66% - or a remaining 33%.

I like 300% - because right now that's the only big number I can associate with my holdings here.