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Re: Re: [sharechat] Ten baggers

From:	"David Reid" <aspex@ix.net.nz>
Date:	Mon, 14 Feb 2000 08:44:16 +1300

Quite agree and if you do get on to a ten bagger, it does distort your portfolio balance.

I can easily accept that. I can also accept (as I have done twice recently) the opportunity to clear all of the original cost by selling part of the original buy.

I have been caught out three times in the last nine months by NOT investing in a share that had already risen significantly and then seeing it continue on unabated.

In the worst case, the share had risen by seven times in the period Nov98/Apr99 and has since increased by a further factor of 35. One analyst has this share to double again by mid year.

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Re: Re: [sharechat] Ten baggers m&j.bacon

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