Not only does the good doctor like to bury his mistakes and get those negative return tips off the ledger, (a practice not commonly, or legally for that matter, used by accountants or fund managers).
He also likes to use a unique calculator now and then; with a sort of investment hyperdrive button, that makes a $10 place bet on a horse look like you just won the $40 million dollar jackpot lottery.
Here's basically how it works
Say on Monday you purchase a share for 1c then on Tuesday you sell that same share for 2c.
That's a 100% gain right?.......RIGHT !
But wait there's more......
That was 100% for just one day...
And there are 365 days in a year......
(....are you with me,.... do you know where I'm going with this,......exciting hey! )
Right... now hit the doc's investment hyper drive button and see what you get.
A mind blowing 36 500% annualised return!!!!!
Which is a much better figure to use when you tell your mates down the pub.
(I should mention at this point; I would not encourage the use of this magic little button when calculating your capital gains for income tax purposes.)
Anyway enough of the examples let's get this calculator working in the real world....
Like how much did CCC investors make by NOT selling when the Doc made that now legendary Stop Loss Call.
The Date was the 21st of June and CCC closed at 3.7c
(I could be nasty and use the low for the day which was 3.6c, which is probably what a few subscribers walked home with that day, but I want to be fair.)
So.... 10 days later on the 1st of July CCC closed at 4.3c (Once again I could have used 4.4c .... if I was being mean.)
That's a 16% gain in just 10 days...... WOW!!!
But wait.... Lets hit the doc's investment hyperdrive button and see what we get......
A Wopping 592% Annualised Return !!!!!!!!
(Read and Weep sellers.....Read and Weep)
If you are now feeling, as sick as I think you are; it might be time to call for a real Doctor.
However if you find you have the stomach for this sort of thing; let,s move right along, and have a look at the oppies.
On that same dark day of June 21st, CCCO traded down to 1.6c
( just after the notorious sell call by the doctor.)
( yes this time we're using the intra-day low that occurred just after subscribers received that unwelcome mid-week email that made CCCO holders want to hurl their proverbial guts up.)
10 days later I note CCCO closed at 2.2 cents That's a 37.5% gain in just 10 days
And after pressing the doc's magic little turbo booster investment return key again we get.....
A MASSIVE 1,369 % annualised return!!!!!.......Oooooooooh Yeah!
Now that's a little bit better than the 22% return the Doctor's claiming on his portfolio...... even after he's scratched out all his loses!
CCC Price at posting:
43.0¢ Sentiment: LT Buy Disclosure: Held
