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Whiplash_Investor

07/13/17 6:12 AM

#132906 RE: QServus #132897

Agree in principle. Just don't agree with 50 to 100X. It's not impossible, but it's very unrealistic for any stock, and even less so for a Pinkie, and even less so for a company without assets emerging from the trips.

The chances of this happening are about the same as buying a lotto ticket. No responsible person would put all their savings into buying lotto tickets.

So 2X to 5X sales is normal. 20X is possible. George Clooney did it recent with his billion dollar sale for Tequila (but look at the assets he has, too and wasn't ever a Pinkie or emerging from the trips).

Even so, you are welcome to consider 50 to 100X in your own thinking and invest based on that, but giving the impression to those who don't know about these things that it's normal...is misleading at best.