SI
SI
discoversearch

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.
Biotech / Medical : ACMI - Accumed Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Frank Buck who wrote (622)12/6/1997 2:15:00 PM
From: aatkinson  Read Replies (1) of 1894
 
Sure. I think I first came across the term "three bagger" expression in one of Peter Lynch's books; although I'm uncertain if he was the first to use it. It means a stock that appreciates three times ( $20 to $60). Obviously a four-bagger is onme that appreciates fourfold. Lynch was always looking for the 3 or 4 bagger.

Based on the "fundamentals" of ACMI, and the confidence of future growth, I see no reason whay the stock price couldn't easily appreciate to $5 or $6 in the near future -- do you?

I'm a real fundamental investor although I know that the Techies can influence the stock in the short term and can limit appreciation. In the long term however, fundamentals prevail - and I'm in for the long term; I'm not a day trader.

regards, aja

P.S. Thanks for your many informative posts. You and the others on this thread have been very helpful to me in understanding ACMI, and I wish you all fruitful investing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News