FXR 0.00% 0.2¢ fox resources limited

CPB wrote:'What about 23.7.07 ADY high close of 58.5 low of 20...

  1. 114 Posts.
    CPB wrote:

    'What about 23.7.07 ADY high close of 58.5 low of 20 cents 16.8.07(your figure) loss of 292% for those poor suckers hopefully you , check your numbers or is that why you got sacked ?'

    Do u mean those who bought at 0.585 and watched it go to 0.20 ?

    If so, then 1 point u need to know about losses (when going long) - THE MOST U CAN LOSE IS 100% OF YOUR MONEY NOT A PERCENTAGE POINT MORE !!!

    So, anyone who bought @0.585 and kept holding to 0.20 was sitting at a 65.82% loss.
    If they continued to hold until the current price of 0.38 then the current loss is 35%.

    How u came up with 292% is beyond me .... that would give a low price of -$1.12 (?????)

    As for ADY, I hold them and thrilled to be doing so.
    Tonnes more potential than Fox and tonnes better management.
 
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