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J Weedseed

03/05/10 7:38 PM

#17293 RE: Dan321 #17288

A 5 bagger is whenever the price hits 500% X whatever your entry price was. so for a .007 it would be .035. for .003, then .015 or for .01 its .05 --simplicity itself no? for a 10 bagger use 10 x your entry pps.

Rustler

03/05/10 7:40 PM

#17294 RE: Dan321 #17288

I said that at UNDER .007, purchasers LIKELY (i.e., not for sure), had a 77-bagger on their hands. Further, to put the "prediction" into context, I made that "prediction" only in the parameters of on ongoing discussion/comparison to Yahoo, which went from something like $0.71 to $55.00 when it was a rising star. Yahoo stock price thus increased 77 times from $0.71 to $55.00 (i.e., a 77-bagger). I simply applied that number to purchasing this stock at below .007 - as an example of what might (i.e., "could") LIKELY (i.e., not for sure) happen to people purchasing at .006, .005, etc.

Once a stock goes over a penny, the calculus changes considerably for new buyers. It's an issue of odds based on average performances of micro stocks. If you've purchased a silver nugget (i.e., a solid, promissing micro stock) below a penny, the chances of that silver becoming plantinum are pretty good. The odds, however, of buying a silver nugget at above a penny favor the investment moving to the level of a gold nugget (relatively). The calculus arises from statistics, which of course can blur and fuzz.

More applicable, I now say that if you get in at below $0.015, you've likely got a five-bagger on your hands WITHIN a month to three months. Does that limit the eventual PPS of the stock from becoming a 10, 30, or 50 bagger a few months more down the road? Nope. And I did not set a date range when I compared Yahoo to GOIG and set the 77-bagger comparison either. Who knows, perhaps in six months, a share of GOIG bought at $0.015 might end up a 33-bagger (i.e., 33 x $0.015).

CLIFF NOTES:

My 77-bagger discussion did not have a date range. My $0.015, five-bagger prediction did. So in addition to the above, the two are like comparing apples and oranges.