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Non-Tech : YEAR 2000 STOCK PICKING CONTEST -- Ignore unavailable to you. Want to Upgrade?

To: RSH who wrote (939)2/18/2000 2:22:00 AM
From: Katie Kommando  Respond to of 1146
 
RSH . . . "ten bagger" means to me that it is up 10 times from the start. So a $1 stock that goes to $10 would be a 10 bagger . . . but it would be up only 900%. However, I could see how some may call this a nine bagger.

Katie K.



To: RSH who wrote (939)2/18/2000 7:53:00 AM
From: IEarnedIt  Read Replies (1) | Respond to of 1146
 
RSH. Really good question. I always thought a 10 bagger was UP 10 points. ie A $3 stock is now $13.00. Gain of $10 per share, then 3 to 23 would be a 20 bagger and so on.

I never even looked at percentages and baggers as the same.

But yes, we do need to all have the same understanding of 5,10,20 bagger etc.

Katie in the example you gave, I would consider that to be a 9 bagger.

Correct me if I'm wrong.

TIA

:-)
JD


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