On: Evergrande shares plunge as much as 87% as trading...

[petesergeant]

I thought it was; help me understand where I'm wrong.

[raincole → petesergeant]

I mean, yeah, the more optimistic the market is, the higher the price goes. But comparing % like this doesn't make any sense.

If the price rises by 120%, the market see a 120% chance of favorable outcome?

[quickthrower2 → petesergeant]

The probability distribution is not binary win/lose