BioProgress - The intraday chat, banter, abuse & general talk-shite thread

From the TDM thread:


Bluebelle - 29 Dec'05 - 11:47 - 16072 of 16076


madasafish

The other thing that I always find interesting (well, in a manner of speaking) about the ramblings of Scruts, goatie, charles and the like, is the fact that opportunity cost appears not to figure in their pantheon.

This has been falling since Jan 04. Even if you missed out on the initial drop you could still get out at around 1.20 in May (by which the trend was so clear as to be unmistakeable except to the 3dimmers).

Since then the value of £10,000 'invested' in TDM has fallen to around £3300. Bad enough, of course, but that £10,000 invested in a stock or stocks which did nothing better than perform as well as the FTSE 100 would be worth around £12,500, or reflecting the 250, over £14,000, making the total cost to a typical 3 dimmer, allowing for opportunity cost, of around £9,000 or £11,000 respectively per £10,000 (bit of rounding for simplicity).

It's anyone's money to do as they see fit (or in the case of dear old scruts, to tell others to pour it down this particular drain whilst Mrs. Scruts sensibly holds the scruts family purse strings), but that's a high opportnity cost in anyone's book.



LOL!