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Re: jessellivermore post# 3498

Saturday, 05/05/2007 6:18:36 PM

Saturday, May 05, 2007 6:18:36 PM

Post# of 19309
>I don't see how you can show a "smiley face" over the idea you might get a two and a half bagger…<

Actually, the price range in #msg-19227430 would be a 3-4x gain relative to my cost basis.

More important, it’s not the percentage return that matters to me, but rather the absolute gain on a position. I do not mind settling for “only” a triple when I have a very large position. Regards, Dew

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
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