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Stocks. Doest matter they do, it will be 100% profit when selling.
Actually 🤓☝️ it's more like ∞% profit or undetermined
Still would only be 100% profit. Costed nothing to get them, so when you sell them, they will be 100% profit.
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!
what if you can't sell them? happened to me in a videogame once and I was stuck with thousands upon thousands of fish.
As a shareholder I would discuss the options of a share buyback program with the company.
No doubt they would prefer that then dumping a large chunk of them on the open market.
Although that would depend on the shares I got.
You got a stock that is low value and hard to sell on a company that doesn't seems stable.
Share buyback programs.
Sell the shares back to the company rather then on the open market.