Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
Profit = (sell price - buy price)/buy price
If buy price is zero, the division is undefined or the profit is "infinite" because you spent nothing to acquire the asset.
Having a profit of 100% would mean just selling at double the buy price, but nothing stops you at selling at 3x or 4x, having a profit of 200% or 300%.
To give a better example, try with lower and lower "buy price" (approaching zero). You'll see that the profit goes unlimitedly up
I may be wrong, no attacks intended (better to specify lol)
I think everyone in this thread is right. We seem to be disagreeing over the use of the article 'a'.
The OP said it would be "100% profit" which is correct. This is in the general sense that they paid nothing so that any price would be pure profit.
You're talking specific numbers, hence it is "a 100% profit". Depending on the price it could be any percentage like "a 213.75% profit".
You're both correct! It's funny how English works, right?!
Pretty much. No costs of buying the shares so it would be all profit.
Never thought of that, cool!