already 2 bagger on rights shares, page-9

  1. 11,632 Posts.
    doggy thanks mate I quickly dug this up..but no worries mate I see you are correct..

    What is The Motley Fool Investing Wiki?

    It's a glossary of investing terms edited and maintained by our analysts, writers and YOU, our Foolish community. Get Started Now!
    10-bagger
    Jump to: navigation , search
    A 10-bagger is stock-geek-speak for when a stock returns 10 times its original investment. The term was popularized by Peter Lynch in his book One Up on Wall Street.

    Note that 10 times your money is actually 900% (not 1000%, which would be an eleven-bagger).

    http://wiki.fool.com/10-bagger

    "OK this will underwhelm most folks here, but I will settle for 84 cps this time next year - a genuine two bagger on the rights issue"

    Hi EL
    84c no way mate haven't you heard we're on fire on the main land here, so much so they keep putting our interest rates up, every time they see someone smile. Yesterday people here got hit again just before Xmas as well, so nice of them hey. One bank is so gun ho it's thinking of doubling the hike up so they thinking of raising it to .5% on top of what they charging... so to there way of thinking pna has be worth $3.00 in 12 months time.. so you may get your 10 bagger as early as end of next year lol.

    My call is pna at the end 2010 with be at worst low 90c at best 1.10. come on BH..seen gold of late $1,212.80 USD an oz... going to check if the wife has any gold fillings when she's asleep think I saw some the other day..wooooohoooo I may be rich.


    .


    .

    .
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.