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Originally Posted by pornguy
I have a very few that I got today. I am really hoping that it will double after x-mas.
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IMHO, the chances of it doubling within the next 12 months is slim.
Buying a small amount of stocks is also counter-productive, i make it a point to never buy less than 2500 shares of a stock priced above $5 that way, the stock only has to move a few points for me to break even on the buy.
Looking at a 100% profit margin id say is unrealistic for any stock unless its a new IPO, such as the Mastercard IPO thats coming next year sometime.
I look for a profit of around 15-20% for each purchase i make which happens more often than not.
Regards,
Lee