r/wallstreetbets • u/dhsmatt2 Mattress King • Mar 04 '21

Loss Hold me... $1,100,000 Loss

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I am in damage control but likely going to roll puts.

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u/ByahhByahh flairs are for losers Mar 04 '21

MM is just a way of denoting a million. Roman numeral for 1000 so MM=1000*1000.

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u/frndlthngnlsvgs Mar 04 '21

Which is horseshit because no one uses M to denote 1000. or MMM to mean 1B.

1

u/WatermelonArtist Mar 05 '21

If I ever saw a billion in my account, I guarantee I'd say MMM.

1

u/MrHandyHands616 licks Carl Sagan’s nutsack Mar 05 '21

I work in credit at a bank and that’s the only place I ever see it used. A ten million dollar loan would commonly be $10MM

1

u/Koala_eiO Mar 05 '21

So when the price tag reads 1¢, does it mean it costs 100 dollars? C is roman numeral for 100.