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Re: TheBullEconomist post# 3814

Thursday, 07/04/2013 9:08:35 AM

Thursday, July 04, 2013 9:08:35 AM

Post# of 24848
AMGN SEPT 7TH 1984 $5 VOLUME 62,400 CURRENTLY APPROX $100 PER SHARE. I WILL HAVE TO DO THE DUE DILLIGENCE AS TO HOE MANY TIMES AMGN SPLIT. AS YOU CAN SEE BACK THEN AMGN WAS A VERY OBSCURE COMPANY THAT CAME OUT OF A SHELL. I WILL CHECK THE AMOUNT OF TIMES IN SPLIT IN 30 YEARS TO MAKE SOME SORT OF COMPARISION TO I BELIEVE WHAT WE MAY HAVE. I WILL SAY IT SPLIT 10 TIMES, I HAVE NO IDEA IF THATS CORRECT BUT I WILL USE THAT AS AN EXAMPLE.


SO CURRENT PRICE $100 WITH 10 SPLITS $1000 A SHARE POSSIBLY HIGHER. SO $5 TO $1000 IS 200X YOUR $$$$

SO $$$ INVESTED 10K THATS 2M DOLLARS FOR A 10K INVESTMENT WITH AT THE TIME A VERY SPECULATIVE SECURITY.


I HAVE OTHER EXAMPLES GLAXO AS WELL AS BIOGEN.

SO 50K IN AMGN OVER 30 YEARS THATS 10M DOLLARS.