Author Topic: ---- falls of a half and one  (Read 61 times)

Offline t k

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---- falls of a half and one
« on: May 15, 2019, 05:13:27 am »
Ernest wanted to sell and make sure of the profit, but Pryer would not hear of it; they would go ever so much higher yet, and he showed Ernest an article in some newspaper which proved that what he said was reasonable, and they did go up a little—but only a very little, for then they went down, down, and Ernest saw first his clear profit of three or four hundred pounds go, and then the £500 loss, which he thought he had recovered, slipped away by falls of a half and one at a time, and then he lost £200 more.  (from THE WAY OF ALL FLESH, by Samuel Butler; a larger context is here; use ctrl-f to locate the sentence)

Please explain "falls of a half and one".  This is about stock prices.  Thanks.  --- tk

Offline admin

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Re: ---- falls of a half and one
« Reply #1 on: May 15, 2019, 02:17:18 pm »
they fell by 150%
Best wishes,

Duncan Baker
http://www.lydbury.co.uk

Offline t k

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Re: ---- falls of a half and one
« Reply #2 on: May 16, 2019, 06:46:41 am »
Thanks, Duncan, but 150% of what?  The original investment was 5000.  Thanks again.  --- tk