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Varchild2008 (86.22)

FLIR Systems . . . for 73 cents a share...June 29th, 2000

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April 30, 2009 – Comments (6) | RELATED TICKERS: FLIR

Imagine.. Imagine how many THOUSANDS of shares you could have scooped up and held from the year 2000 to present in Flir Systems?

Lost Decade?

Lost Decade?

WHAT LOST DECADE??????

Well.. unfortunately for me.. I didn't start investing until 2008.  So I got my FLIR systems for $20 or so a share.... rather than $ .73       :-(

6 Comments – Post Your Own

#1) On April 30, 2009 at 10:17 PM, russiangambit (29.49) wrote:

It takes a lot of conviction to buy a penny stock and hold it for years?  Among the thousands of penny stocks, how do you pick the right one? Hindsight is always 20/20.

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#2) On April 30, 2009 at 10:33 PM, checklist34 (99.74) wrote:

woulda, coulda, shoulda.  I'm with gambit here, highsight is always 20/20, and there will, no matter how well you do, ALWAYS be a day when a stock you don't onw goes up 20% or 100% or 400%, there will ALWAYS be a day when you don't own something that goes up 5000% over a few years, and there will sometimes be days when one of your biggest holdings is on the yahoo list of biggest share price drops.  Like for me today wiht OSK.  Fortunately my XL and ASH and ACAS made up for it and I was up for the day but...

you win, you lose, you will NEVER win all of them, and you WILL lose some.  The beauty of the market is that if you win about 40% you will, overall, comeout ahead.  If you win 50% you will beat the marekt.  If you win 60% you will probably die rich. 

One time in my life I had a stake in the company that was up the most in a day.  NCX on Feb 23 or 24.  I don't expect to ever have that again.  I got close with JAVA twice (the two buyout days) but it wasn't on top it was 2nd each day i think.

Don't try to be perfect, just try to be 50%. 

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#3) On April 30, 2009 at 11:11 PM, nottheSEC (81.02) wrote:

checklist34 (99.45) BRILLIANT, and why patience and acurracy are so important and what it is all about when Graham said even a fool who get 4/10 stocks will be ahead  " you win, you lose, you will NEVER win all of them, and you WILL lose some.  The beauty of the market is that if you win about 40% you will, overall, comeout ahead.  If you win 50% you will beat the marekt.  If you win 60% you will probably die rich."

 In fairness Varchild has one good question  I have asked myself many times. What are the 10-50 metrics/factors that  makes a penny stock a future big winner ina given industry? Therefore Is there a computer program that can predict these likely winners or is every year/decade in the market slightly distinct and not really cyclical?

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#4) On May 01, 2009 at 1:41 AM, briyan (31.96) wrote:

This blog post has the same level of quality as most of the Motley Fool promotional materials.  "If you had put $X into stock Y, Z years ago... you would be rich!"   Great call, how'd you know!?

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#5) On May 01, 2009 at 7:43 AM, Varchild2008 (86.22) wrote:

I got 3 penny stocks I've been holding for a long time now.
Out of those 3.. about 1 promises to be the next FLIR Systems, albeit not in the same sub-sector.... but in the same sector.

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#6) On May 01, 2009 at 9:08 AM, Mary953 (78.71) wrote:

I have had the top stock on occassion.  Unfortunately, it was always on the loss section.  ;)

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