Yes, that sounds cheap, but if .16 goes to .08 you have still lost 50%. It sounds more dramatic when a $100 stock drops to $50, but it is the same loss of your dollars invested.

What is important is whether the company has good fundamentals and has a product of service that can turn a profit and therefore generate earnings, which determines the value of a stock.

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85 300D 75K Anthracite Grey 0-60 in 13 seconds **For Sale**
84 300D 333K Black (The Velveteen Rabbit) 0-60 in 14 seconds
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98 Ford Taurus 100K (Gertie - Was Grandma's - drove it to church and shopping - really) Daughter's car now.
30 Model A Ford 2 Door Sedan (Sold) 0-60 in . . . Never reached 60