Tuesday, April 15, 2014 10:00:10 AM
I refer to long-term when I say that .5 is all but guaranteed to people willing to wait a lousy 6-8 months. $1 is much more likely over that time frame, but .5 is a nice conservative number.
as a day-trader I'm OK - about 10% gain in a year or so - but I'm holding free shares in 3 of my top 4 positions for a reason; namely, unrealized gains are the best kind. just ask the old geezer who made Omaha from a one-horse town into the beautiful utopian plains-states Mecca you see hosting the Little League World Series every year.
of course my average is .009 so it's easier for me than some here. staring at huge red numbers takes more discipline than watching 4000% gains turn into 600% gains does.
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