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Not really sure how stocks work, but isn’t the percent difference the only thing that matters? If I invest X when it’s $2, I get 90X now. That’s all I care abou
by jakear 9y ago
Not really sure how stocks work, but isn’t the percent difference the only thing that matters? If I invest X when it’s $2, I get 90X now. That’s all I care about.
On the other hand, the absolutes are somewhat meaningless right? If they wanted the absolute numbers to be bigger/smaller they can just split/coaelece accordingly.
- csours 9y agoSure, if you happened to buy in at the absolute lowest price, you would see a 90X change, but most people would have bought either before or after the absolute lowest. I will leave it as an exercise to the reader to figure out the volume/value calculations. The headline comments are just something to look out for. If you are told one, check the other. For stocks, check the context and history.