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

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To: creede who wrote (1606)12/7/2006 12:12:01 AM
From: inchingup   of 1694
 
Please tell me the difference between what I said and you said:

"That means it has to do in the 12 months is go 10 bags FROM THE LOW during that time. I don't know what it is, but .09 sounds about right. That would mean .90 would do it."

Hence, in your scenario the purchase price of the stock is totally meaningless. Based on the above analysis of yours if I bought 100K shares tomorrow for $9,000...and at some point between now and 12/5/2007 the stock dropped to $.001 before closing at $.01 on 12/5/2007 that I had a "ten-bagger", even though it cost me $8100 in losses.

That is exactly what you are promoting.

If I bought 100,000 shares of stock for $1 per share and it dropped to $.001 before returning to $.01 a year later I would have a 10-bagger, despite my losses of $99,000.

Talk about stupidity, you just walked off with first prize.
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