3200% Return

ByLoSellHi · Mar 23, 2007

Who bought AMR at $1.11 and still owns it now?

3200% return between now and then.

To get a 3200% return on RIMM, it would have to go to $4,320 per share.

Apple would have to run to $2,912.

Goldman Sachs would have to go to $6,720 per share.

And Google would have to run to $14,784 per share.

I do have a point here.

xiaodre · Mar 23, 2007

do you mean the $1.50 something lows in March, 2003?

Red_Ink_inc · Mar 23, 2007

If this post isn't a clear indication to you that you post too much it should be.

ByLoSellHi · Mar 23, 2007

Quote from Red_Ink_inc:

If this post isn't a clear indication to you that you post too much it should be.

I know.

But I want a 3200% return on something. Anything.

ByLoSellHi · Mar 23, 2007

Quote from xiaodre:

do you mean the $1.50 something lows in March, 2003?

Right. Sorry.

I thought it touched $1.11.

Equalizer · Mar 23, 2007

Quote from ByLoSellHi:

I know.

But I want a 3200% return on something. Anything.

Re-read the above. Can you see the problem with what you are saying? If you cannot then stop trading now, otherwise that attitude will most likely lead to a trip to the poor house for you post-haste.

kinggyppo · Mar 23, 2007

Quote from ByLoSellHi:

I know.

But I want a 3200% return on something. Anything.

Try the Iraqi Dinar, I hear it rocks.

ByLoSellHi · Mar 23, 2007

Quote from Equalizer:

Re-read the above. Can you see the problem with what you are saying? If you cannot then stop trading now, otherwise that attitude will most likely lead to a trip to the poor house for you post-haste.

No, I know that.

I have to be honest though. In retrospect, I have issues because I wasn't trading or investing when it was the optimum time to be doing so (2003), and I feel like I'm just chasing performance now on almost anything I analyze as a prospective buy (anything worth buying).

I sometimes wonder if I will ever see a trade year as rich in opportunity as 2003 again in my lifetime.

So, I understand your point, but I'm having a difficult time shaking that demon.

It feels like a gargoyle perched on my shoulder.

ByLoSellHi · Mar 23, 2007

Red Ink and Equalizer:

This is probably something you've each dealt with in the past.

Aside from the proverbial "let it go; water under the bridge" commentary, which is sound, have you found yourselves handicapped in trading when you've had similar feelings?

Artie21 · Mar 23, 2007

there are a lot of 3200% returns.....in retrospect.

I hav never seen a prospective and certain return of that magnitude. In fact, the only certain return besides death and taxes, is the drunk at the bar. Everything else is iffy.