ahhaha's ahs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ahhaha's ahs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jorj X Mckie who wrote (5197)	8/12/2002 10:41:28 AM
From: Ron Dior	Read Replies (1) of 24758

Let's do some math. JXM and Ahhaha both have $500. Ahhaha buys 100 shares of JDSU at $5/share when he rings the bell. JXM waits a couple of months and picks twice as many shares at half the price that Ahhaha does. Fast forward 20 years when JDSU hits $20/share. Ahhaha has a 15pt gain on his stock and a peachy profit of $1500. Jorj sorry to say you are completely missing the point. Ah mentioned conviction and also gambling. When one is gambling with this market conviction does not exist. In your poor example you left out the fact that JXM has no conviction on his purchase. So over the next 20 years JXM would have traded JDSU possibly hundreds of times until his original $500 was non existant. Makes Ah's peachy 300% gain look pretty good! just let me know if you want me to dig up some posts right around that timeframe where I discuss the direction of JDSU. Any respect I had for you has just plummeted about 300%... Ron Dior

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next