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deathtotaxes

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deathtotaxes

Re: lentinman post# 5960

Monday, 03/06/2006 9:16:29 PM

Monday, March 06, 2006 9:16:29 PM

Post# of 33753
OT: Ten Bag Defined, from http://pages.zoom.co.uk/leveridge/dictionary.html#O

FWIW - not much



Ten-bagger
Definition: Ten-baggers are stocks that achieve a ten-fold gain (1000%) very quickly. Often associated with Internet related stocks.

Derivation: A term derived from baseball, where a four-bagger is a home run. Its use was popularised in the UK by Alpesh B Patel, Financial Times columnist.
Citation: "I have started investing . . . a small part of my portfolio in the hunt for UK "ten-baggers" These are stocks that may rise ten-fold quite quickly. " Financial Times 2000-01-29

Signatures are so yesterday!

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