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I was reasoning with a sistren the other day. She spent $100 and bought a stock at a share price of $2.00, and now the stock is over $5.00. If she had $100,000 to invest, her investment would be at $250,000 now. Instead she is ongle up $250.
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Winning means you're willing to go longer, work harder, and give more than anyone else - Vince Lombardi -
Den nuh suh it go fram lang time?!?!
DUH!
BLACK LIVES MATTER -
But of course it is easy to make the decision to invest $100 in a $2.00 stock that is looking very risky.
Invest 100K in that same stock? Not so easy unless you have so much money that even 100K is peanuts."It is easier to build strong children than to repair broken men" - Frederick DouglassComment
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"Chicken feed" is the term, nuh true Maudib?
BLACK LIVES MATTERComment
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Actually the stock is one that "the powers that be" would not allow the company to go under.Winning means you're willing to go longer, work harder, and give more than anyone else - Vince LombardiComment
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ie Citi. Remember though, saving it from going under doesn't mean they would not wipe out current shareholders and bondholders in the process."It is easier to build strong children than to repair broken men" - Frederick DouglassComment
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However, if the stock price had fallen to $1.00 she would have lost only $50.00 as opposed to $50,000.00...Peter R
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