Member Info for Bigstylie

0.014 x 1500 = 21
21 x 850 = 17850

Where are you getting the post consolidation numbers from? The math does not look right and on the release granite share an example that comes out even. the underlying pot size is the same whether there are 2 shares or 2 billion shares.

Most of the drop happened after the UK market closed and by opening time I guess the tsla share price had rebounded a bit. Currently 2 percent up. So 'net' drop from closing time yesterday of about 10 dollars. Not exact as I really cba to look exactly but I accurate enough that I'm not puzzled anymore. Yes I thought the same thing this morning.......

If tsla makes a 34% gain then I guess tomorrow doesn't really matter anymore?

Just keep in mind that the closing time in London is not the end of Tesla trading. The opening price the next day reflects the closing and after hours price in the us. So Tesla was down approx 15% at London close so 3sts was up about 45% at close. But tsla recovered almost all of that so 3sts opened down to reflect that recovery. If you want to understand the movements then watch the after Hours and pre market trading. Then you will see the correlation.

I will just use an extreme example. A 99% drop in one day would be about 300 percent profit so 30k profit from 10k starting. 99 days of 1% drops so 3% compounding 99 times gives about 140k profit off the same 10k start. I used an online interest calculator and of course there are fees to take into account and actually the resulting share price for Tesla would be higher after the 1 percent drops but it is clear there the size of the drops has an impact.

It's not quite so simple as there have been charged taken out of the pot over the period since Tesla was last at 600 (or any reference point) and as this is a daily performance etf then the trajectory to the reference point also matters. A case of compound interest with multiple smaller drops potentially being preferred to one big drop.

It's the spread. The percentage up or down (at least on Google) is based on the last trade. With such a wide spread we have huge swings but no real change in price.

Correction - not exactly the same. The ask price is a little lower. Hence the spread is a little higher than the gain.

It is the bid/ask spread with the percentage of gain or drop based on the last trade. The bid and ask are exactly the same as last Friday (to my recollection).

And 2 million worth of sells before that.

The tinyurl post from parry400 was spam. I looked at the history earlier and the same message was posted to a couple of hundred chat boards. The user appears to be deleted now but still visible if you search. Don't go clicking on strange links people!