YEAR 2000 STOCK PICKING CONTEST Message Board

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Non-Tech : YEAR 2000 STOCK PICKING CONTEST

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To: CatLady who wrote (945)	2/18/2000 9:19:00 PM
From: RSH	Read Replies (2) of 1146

Thank you CatLady and Jack: So a 10 bagger is when you've MADE 10X your money? Everybody may differ in their analysis of when you've "made 10X your money". However, I believe for me to make 10X my money on a $1 stock, it needs to go to $11. The reason being is that I can't count my original investment of $1 as a "1 bagger". The "1 bagger" begins when the stock has reached $2/share. Thus, at $10/share, the stock would be only a "9 bagger" (or I've only MADE 9X my money at this point). I apologize again for the technicalities, but it's something I needed to air out. RSH

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