Message:

<p>[QUOTE=&quot;-jeffB, post: 3122991, member: 27832&quot;]I understand what you&#039;re saying, but I still think it&#039;s a fallacy, along the lines of thinking that a hundred cents is &quot;more quantity&quot; than ten dimes.</p><p><br /></p><p>Sure, it <i>seems</i> like buying 1000 shares of a stock at $1/share and watching it go to $10 is a big win -- and it is. But so is buying ten shares of GOOG at $100/share and watching it go to $1000. And don&#039;t forget about splits, which can turn a &quot;small quantity&quot; of a winning stock into a larger one -- that&#039;s why my number of AAPL shares is a multiple of 7. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Also, low prices (or &quot;large quantity&quot;) don&#039;t mean less <i>downside</i> potential. That $1/share stock can still go to $0.10/share, or zero. And there are <i>reverse</i> splits, which is how I came to own 10 shares of Citibank. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in