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Re: Re: [sharechat] Ten baggers


From: "m&j.bacon" <m&j.bacon@xtra.co.nz>
Date: Mon, 14 Feb 2000 19:16:27 +1300


ERG ...  right ?
Personally I would like to see a lot more discussion
on the Aussie Net Stocks
mb

At 08:44 14/02/00 +1300, you wrote:
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.
D

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