Wednesday, January 31, 2018 7:02:51 PM
Yankee has since PMed me he found a .0004 buy, which is a 122 Bagger. That breaks my 105 Bagger on GTN personal record. For the record I sold GTN for about a 65 bagger and it then went up another 50% or so.
Congrats. There would be more people on BB Haven like boards who make 5,10,20+ baggers if they would go for real companies at good values.
Low stock prices and mkt caps are a positive, they can run much faster and absolutely grow much faster. It is much much easier for a 1 mill mkt cap to become a 50 mill mkt cap than a 50 mill mkt cap to become $2.5 Billion.
Every ten bagger have ever got, was a micro or nanocap company. And all had revenue and profits or at least the reasonable possibility for profits. The most touted stocks like current marijuana or other newest fad stocks, are often just a concept and a scam by insiders to pump and dump.
Had a position in a company that should have become a real company, and did 20 bag due to that possibility but the management was not talented enough to become a real company, so sold at 7 bagger or so, and today is is 1/3 of the start price.
Another one made a 10 bagger in one month and sold it, as realized the CEO did not know how to get the company profitable. Today 5 years or so later it is one of the most touted stocks on iHub and has virtually no revenue and the stock is 1/100th of what sold it for. Mystifies me that people invest in such stocks, 20 year old company now and still almost revenueless.
The biggest winners were like BWMG and held them much longer as have held BWMG long term . Yankee now has a 122 Bagger on BWMG that took years to develop, but it always was a real company and had real revenue.
Hope this is to of use to others, if no one went into the "concept" stocks with no revenue and no plan just buzz words, those investors and the economy would be much better off. Exposing that danger is a passion of mine. Will get off the soapbox now
Cheers
Recent BWMG News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/09/2024 05:57:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/30/2024 06:10:12 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 09:24:26 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/17/2024 09:23:16 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 07:25:21 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 05/09/2024 09:31:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/13/2024 08:27:11 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 07:07:39 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 04:55:11 PM
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