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Non-Tech : YEAR 2000 STOCK PICKING CONTEST
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To: RSH who wrote (939)2/18/2000 7:53:00 AM
From: IEarnedIt  Read Replies (1) of 1146
 
RSH. Really good question. I always thought a 10 bagger was UP 10 points. ie A $3 stock is now $13.00. Gain of $10 per share, then 3 to 23 would be a 20 bagger and so on.

I never even looked at percentages and baggers as the same.

But yes, we do need to all have the same understanding of 5,10,20 bagger etc.

Katie in the example you gave, I would consider that to be a 9 bagger.

Correct me if I'm wrong.

TIA

:-)
JD
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