Quote from: empoweoqwj on September 23, 2013, 10:38:54 AM

Quote from: runeks on September 23, 2013, 10:34:42 AM

Quote from: circuitry on September 23, 2013, 10:22:11 AM

I managed to snatch a bunch @ 1.28. That's more than 45% annual return.

Even with all the uncertainty and fear, it's a steal.

People who bought at 4.3: "Why not buy? It's a 30% annual return."
People who bought at 3.5: "Why not buy? It's a 30% annual return."
People who bought at 2.5: "Why not buy? It's a 30% annual return."

All of these people are now facing negative returns at current market prices.

Thanks for sticking the knife in - we're hurting enough already Wink

Although I realize it might be painful for previous investors to be reminded of this, I think new investors might appreciate this advice.

People keep saying "the annual return is X%", when the fact of the matter is that no one knows what the rate of return will be.

I think it's high time we let this myth die. Your rate of return is something you calculate in retrospect, not something you know before investing in an asset.