To expand to that brilliant comment; This indi
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Posted On: 09/16/2021 11:25:12 AM
Re: humble howard #104053
To expand to that brilliant comment;
This indicates the ancient indicators of the mid 1970s are still in play. Even today this rule is still at work. Check Amazon. It is the best way to calculate value.
While Carter was President and the DJIA traded between 800 to 1000 a high PE Ratio for a boring company was 8, 10, even 12 X Earnings.
If an investor was quick witted and hard working that investor could find companies growing at 50 % to 100%. Those companies bounced around the % growth rate. My fasted growing company bought as low as 30 cents was growing at a rate between 50 and 100% for 7 to 8 years. In year 7 factoring in stack dividends and then two splits every 6600 shares bought would become exactly 50,000 shares and trade at 36 to 40$
Brazil hits, other Nations follow, the FDA works itself out of its self made problem and in 10 years that will be CYDY. If the cards fall correctly its huge.
How huge? This is why we own the stock.
This indicates the ancient indicators of the mid 1970s are still in play. Even today this rule is still at work. Check Amazon. It is the best way to calculate value.
While Carter was President and the DJIA traded between 800 to 1000 a high PE Ratio for a boring company was 8, 10, even 12 X Earnings.
If an investor was quick witted and hard working that investor could find companies growing at 50 % to 100%. Those companies bounced around the % growth rate. My fasted growing company bought as low as 30 cents was growing at a rate between 50 and 100% for 7 to 8 years. In year 7 factoring in stack dividends and then two splits every 6600 shares bought would become exactly 50,000 shares and trade at 36 to 40$
Brazil hits, other Nations follow, the FDA works itself out of its self made problem and in 10 years that will be CYDY. If the cards fall correctly its huge.
How huge? This is why we own the stock.
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