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IHL

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02/05/21

07:25

Post #: 52873664
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Originally posted by Paulfool: ↑

Not sure if it was this stock or another but someone mentioned they had just started reading book called 100 Baggers by Christopher Mayer, and it is very fitting for where IHL is going. Summarised nicely in @ma420 signature

"Knowledge to know what to buy.
Courage to make big investments.
Patience to hold long term."

It is this last part where the book suggests that the best thing you can now do apart from buying more, is too just sit tight and lock them away for 10 - 20 years and you would be able to utilise the 8th wonder of the world compound growth to achieve minimum 100x bagger even from today's levels.
Looking at IHL just this week we are up over 21% on solid volume and 700% from this time last year.

I think it will move much quicker than the 10 year time frame especially if you look at a US peer comparison that suggests possible 3 to 5x from here as next step.
But be prepared for volatility that can bring drops of 50% plus at a time on the path to unimaginable wealth.

Last year I got to experience a 24 bagger in 9 months which has significantly changed my perception of what is possible in such short time frames.

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Someone tweeted something along those lines about to multi bag you need to buy early into a life changing product and just hold it out. They had gone through some 65% drops, many 10-20% drops but it all turned into a huge windfall.

IHL Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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General discussion, page-5596

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