morning traders 12 / 9, page-216

  1. 22,683 Posts.
    lightbulb Created with Sketch. 84
    14D

    35 cents.How to calculate.

    Down 34.3 % means that 23 cents = 65.7%

    23 / 65.7 = .0035 X 100 = 35cents.

    Similarly, if a stock (AHK) is up 83% and = 5.5 cents.

    5.5 = 183%

    Therefore 5.5 /183 = .03 X 100 = 3 cents starting price.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.