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Re: ologun post# 73804

Tuesday, 01/28/2020 8:46:46 PM

Tuesday, January 28, 2020 8:46:46 PM

Post# of 92635

Say this becomes a 10 bagger. Great. If you 'invested' 1k, you have now banked 10000. You waited 2-3 months (not guaranteed btw) but you made money. Good for you.

In the same 3 months, you can find 10 plays where you net 30% on each play. This, in the otc, is not difficult. Your closing account value should be 1000 *(1.3)^10 > 10000.



Ologun, I honestly don't want to fight with you. I hope what we're doing is just good debate and its nothing personal. But your hypothetical investment above is virtually impossible and I'd proffer has never been done. Ever. What you're suggesting is that $1000 gets invested in a stock for 9 days and it goes up 30%. You then repeat that exact formula every 9 days, 9 more times. So you go 10 for 10, getting 30% gains in 9 days 10 straight times without even a single one going down. And of course you'll have to be with one of the very rare brokers that has zero commissions on OTC stocks AND let's you buy stocks with stop signs and/or caveat emptor designation. I say that because I dont think one is finding 10 perfect gems without having to dig deep and not rule out stocks. And you honestly think that getting a 30% gain in 9 days is easy? Even once? And just to be perfectly clear, I've said in each post that I wouldn't sell SFIO today. At 005, after a 40% gain. I've absolutely never advocated holding every single share here until the stock maybe or hopefully is a 10 bagger. I'm not insane. I advocate taking profits, just not when barely any profit has been made yet and the stock is immensely undervalued. Again, all just my opinion.