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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS

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To: Wayne Rumball who wrote (10172)5/10/1999 7:22:00 PM
From: Jim B  Read Replies (5) of 13776
 
yes you are missing something..

a stock that goes from 33cents to $1.00 is nowhere near as good
as a stock that goes from $1 to $3!!

sheesh wayne... you couldn't even figure that out.. and somebody let you have your own thread... what's the investing world coming too

example: buy 3000 shares at 33cents.. cost about $1,000
stock goes to $1 you sell for $3,000!!

buy 1000 shares at $1... cost about $1,000
stock goes to $3 you sell for $3,000!!

$3,000 = $3,000 either way.. so to the untrained eye it would appear
there is NO difference... however in the second scenario, you only
had to rememeber that you owned 1,000 shares at $1. Much harder
to remember 3,000 shares.. and then to have to remember 33cents (0.33) ; it confused people i think..

either way it's just better the 2nd way... unless the first way becomes better.. than that's okay too.. i sure hope this clears
it up for you... in return you can tell me what the next great pick
is... but only if it's going to go from $1 to $3 ; if you think it's
ONLY going to go from 33cents to $1.00 then I'm really not interested... take care

jim
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