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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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To: inchingup who wrote (1588)12/6/2006 11:33:00 PM
From: creede  Read Replies (2) of 1694
 
You stated emphatically that if one bought LBWR at $.17 and after your purchase it dropped to $.01, but at the end of 365 days it returned to $.10 you considered that a 10-bagger even though you lost 40% of your investment.

Inch,

you have serious issues dude. I never, ever said that. Find it. I never told anyone to buy stock at .17. Those that understand the pinksheet market do not buy at the ASK. They buy at the BID. Did you know you could do that? It's not magic. Just put in an offer at the BID and be patient.

But.....what the heck. Let's do your silly math.

Let's say Soros bought 1000.00 worth of LBWR at .17 . That would be 5,882 shares. Then let's say he bought 1000.00 worth again at .01 since that's exactly what he always does (go check the ETIM IHUB thread right now if you do not believe me) which would be 100,000 more shares. So now he has 105,882 shares total (try to keep up).

Now let's say he decides to sell the whole thing at .10.

105,882 x .10 = 10,588

Now, we have to take out his initial investment.

10,588 - 2000 = 8,588

Now I see why you enjoy the math so.

GB-ND
creede
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