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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks
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To: Lessthaniv who wrote (48454)5/17/2018 4:03:57 PM
From: kidl  Read Replies (1) of 49402
 
An investor who allocated $50,000 in capital to TNA at the low of $0.01/sh in the beginning of 2014 currently has $1.15m in there account assuming no shares were sold. That’s $50k into $1.15m in 5 years. The intrinsic value of this investment is arguably substantially higher than that.

This ROI example is imho not a good one as it’s highly unlikely that a micro/nano cap investor would have touched the stock at $0.01. Those who bought at this price were traders / gamblers and guys like this don’t tend to hang on to positions for any lengths of time.

Not arguing your FA take on TNA. Just don’t think that the investment scenario you presented is anywhere close to reality.

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