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Non-Tech : LIFEWAY FOODS (LWAY) -- Ignore unavailable to you. Want to Upgrade?


To: Steve Cox who wrote (161)1/18/1998 5:43:00 PM
From: Dave Jones  Read Replies (1) | Respond to of 352
 
Steve, I have been following the stock market for 33 years. It is my number 1 lifetime activity. During that time I have followed thousands of stocks. This is no exaggeration. Virtually everyone of them at one time or another encountered serious unforseen difficulties which set back the companies' plans and the stock fell at one time or another. To become a 30 bagger, from 4 to 120 for LWAY, everything would just have to be hunky dory for quarter after quarter - no competition, no new factory glitches, no CEO becoming ill, no market saturation of a highly specialized product, etc, etc, etc. The content of unforseen events can't be known in advance but they always happen in the real world. Let's call this the '30-baggers almost never happen due to unforseen problems' principle. We'll use LWAY and this thread to prove the wisdom of this principle. When I am proven right, I'll be justified in saying 'I told you so'. I'll be doing just that in a future posting on this thread.