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A comment on Hedge fund Melvin sustains 53% loss after Reddit onslaught. Parent comment
Starting from 100, if you swing 50% up 50% down you get: 150, 75, 112.5, 56.25, 84.375, 42.18, 63.28, 31.64....
You need a 100% gain to make up for a 50% loss.
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Starting from 100, if you swing 50% up 50% down you get: 150, 75, 112.5, 56.25, 84.375, 42.18, 63.28, 31.64....
You need a 100% gain to make up for a 50% loss.