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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: ernie de la fuente who wrote (6548)7/5/1998 10:04:00 PM
From: Colin Cody  Respond to of 19331
 
VMRXW was one of the best stock picks EVER. No, I did not forget it, never will. We had more millionairs made with that one stock than any other single stock recommendation. (other millionair makers that come to mind quickly for example were CYTR, OMEG, MDRX, IOMG) The warrant (not the stock) was recommended at $.47 and the accumulation period was stated up-front to be 6 months min to 12 months max.
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The warrant traded between $.28 and $.53 during that 6-month period. Then when Ron Perlemen got involved the warrants went to $6+ and were promptly called. i.e. no you could not hold until today, the warrants were called in, you HAD to accept $4, $5 or whatever for them before they expired.
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Your math (and memory) doesn't work too well. One 300% gainer (even though I posted SELLS on DCI at prices 700% and higher) and one 50% loss??? (even though it was actually up 1000%+) and one 100% loss (even though it was up 300% at one point) --- $10K invested in each of the three would result today in $35,000 or a 8% per year gain.
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8% is not what one would call a bad return ESPECIALLY for someone who bought three penny stocks and then went to sleep for two years! Many mutual funds did worse. But it wasn't 8% per year so that isn't the issue, only your math and memory is the issue.
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Yes, I do know that you did stop following my P* posts as just about the time of PKGP I stopped posting there as much. But I also see you dragged yourself over here following me like a little puppy dog to the DCTC BB.
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Colin