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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?

To: randy who wrote (1677)2/22/1998 6:03:00 AM
From: MONDOMAN  Read Replies (1) | Respond to of 7054
 
Randy, Go back and look at my post on the hatchet statement i never said anything about going below 15....I said if we didnt bust thru 16 and head towards the 20 mark which we did in the beginning of the week....Also i do not hold any stocks for a long period of time......... Im not looking for the pot of gold at the end of the rainbow like most of you i just try and pick up some nuggets along the way.....Good luck to you!



To: randy who wrote (1677)2/22/1998 12:23:00 PM
From: Mr. Pink  Read Replies (2) | Respond to of 7054
 
Actually, Randy in Mondoman's defense you would have to compound Mondoman's return and thus take .042% (if that indeed is the correct figure) and take it to the 52nd power, resulting in a gain of 24% for the year. Of course Mondoman probably did not include commissions which are probably high retail rates. And of course since he is a trader all profits are taxed at the highest ordinary income rate.

Cheers,

Mr. Pink


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