ElectricSavant Jul 7, 2018 #21 Here is a thread that comes to mind... https://www.elitetrader.com/et/threads/perpetual-lottery-tickets-drawer.22048/
Here is a thread that comes to mind... https://www.elitetrader.com/et/threads/perpetual-lottery-tickets-drawer.22048/
Q qlai Jul 7, 2018 #22 Nice thread. "Stock market to the middle class is lottery to the underclass." LOL
T treeman Jul 7, 2018 #23 FWIW, SGI got sold to HWP for $7.75/share. There's actually a very good strategy in there. Smart guy. I'd claim all of his lottery tickets were cheap, and he didn't have to limit it to a 100% upside. Let it ride. Most of those companies he bought were probably ripe for takeovers.
FWIW, SGI got sold to HWP for $7.75/share. There's actually a very good strategy in there. Smart guy. I'd claim all of his lottery tickets were cheap, and he didn't have to limit it to a 100% upside. Let it ride. Most of those companies he bought were probably ripe for takeovers.
T treeman Jul 7, 2018 #24 I also like his reply to why selling commission wasn’t included: you know why. Hahaha