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URL:  https://boards.fool.com/when-i-bought-cra-at-40-116-and-watched-it-zoom-15203755.aspx

Subject:  Re: Who's Right? Date:  6/19/2001  1:18 PM
Author:  TMFOrangeblood Number:  1298 of 2401

When I bought CRA at 40 1/16 and watched it zoom to 276 I say that's nearly a SEVEN bagger, and dumbass says it's nearly a SIX bagger. My logic is that 40 x SEVEN = 280, just a tad over 276. Dumbass's logic is that you don't count your principle, therefore you've only MADE six times what you invested, and therefore it is a six bagger.

Another issue: I say when a stock doubles that that constitutes a 2 bagger. Useing the same "logic", John says that's a 1 bagger, and you go from there.


I've seen this discussed before. If I invest $1,000, and the stock doubles... I'm sorry, but I'm not gonna say, "I just singled my money!"

So I cast my vote with you, and say a 100% gain = 2-bagger.

-Your loyal constituent
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