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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (10775)10/6/1999 10:51:00 PM
From: Rocket Red  Read Replies (1) | Respond to of 36688
 
Osprey
No promotion on Sop Yet so i'm told but when they Hit Big I suspect Sop will pop BIG time as well Vpr will go along for the Ride with 6.5%.Sop will be Selling more % points soon.Who Knows Maybe CC boys will step up to the plate since there only 1500' away from CC with 40Acres.
But one only needs 1 Well



To: The Osprey who wrote (10775)10/6/1999 11:03:00 PM
From: Rise  Read Replies (2) | Respond to of 36688
 
By the sounds of it Osprey, you're going to let those free shares of V.VPR ride for a while. I'm letting mine ride for a while too.

By the way, has anybody ever done the math on the following. Start with a $1000 investment in a stock that you know is guaranteed to get you 50% return. Time is not a major factor here. You want sure picks. Sell the stock when you have your 50% return. Reinvest the proceeds in another stock that is going to give you 50% and so on but cut your losses at 20% on any one particular trade. Stick with the strategy for twenty trades and track your results.

About a year ago, I ran this scenario through an Excel @Risk spreadsheet program. I did 10000 iterations on the above scenario and if my memory serves me correctly, the expected outcome would be an increase in your initial $1,000.00 investment to approximately $234,000 for every twenty trades you made.

On that note, maybe I should take my 275% on Vital and move it into the next sure 50% gainer. PVO is one that comes to mind.

Don't listen to me though. I'm a novice investor.

Rise

The above is pie in the sky stuff but it does show that if you could make 50% every time you traded, you would be filthy rich.