InvestorsHub Logo
Followers 196
Posts 21897
Boards Moderated 1
Alias Born 03/06/2007

Re: cruecu post# 24666

Tuesday, 08/04/2020 11:22:18 PM

Tuesday, August 04, 2020 11:22:18 PM

Post# of 26891
"Bagholding" works, as long as the company doesn't dilute into the float, especially since "dead" stocks you're able to pick up shares dirt cheap from folks who either need the cash or have no patience. That means you scoop them up on the bid or a very low ask. A few slaps later you could be up hundreds of %.

I can list probably six 10-100 baggers that I banked on in the last year or two from having to "baghold" for 1-5 years. Is it luck? Sure, but the winners also severely outweigh my losers, so should I stop? No thank you.


"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point