Friday, August 30, 2019 1:36:40 AM
I own a few shares from down here and I'd be happy with decent news showing improved revenues and profits twice a year --- and an increase of .002 per year for the next 10 years.
Are you familiar with the rule of 72?
Perhaps now you can understand why I'd be happy with an increase of .002 per year. In 10 years the stock would .023 cents --- THAT'S OVER 7 TIMES ITS CURRENT PRICE.
For hundreds of years people have been happy to double their money in 9 years. 7x your money in 10 years is a VERY good return.
Penny pumpers want to make fast money -- most lose $$$
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