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Strategies & Market Trends : Ted Warren's Investolator -- Ignore unavailable to you. Want to Upgrade?


To: Investolator2024 who wrote (1517)5/18/2024 7:16:58 PM
From: WEagle  Respond to of 1795
 
Hi FS.

Your example of VRX / BHC is a very good lesson to future investolators. I have looked at hundreds of similar charts, not that all had the first mark-up as this one did from 1999 through 2001. One thing I have noticed about stocks that have the really big markup like this one from 2009 to 2015. While few fall back a small amount and then start trading in a much higher range, most fall back as BHC did to the low range and while they have one or more smaller mark-ups where a few hundred percent can be made, they don't ever achieve a price anywhere close to their old highs. I think that is due to changing technology, service needs, etc., and the company can't or doesn't make the needed changes in what it does.

There is still a small demand for buggy whips but there will never be another period where a lot of buggy whips are needed.

WEagle