GREY:BXEFF - Post by User
Comment by
nijinsky70on Jan 25, 2013 11:14am
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Post# 20890112
RE: RE: JV's soon
RE: RE: JV's soon It never ceases to amaze me the fascination of a takeover by the investors. The reality is you don't get rich in most of the takeovers. You make a bit of money in some, and you could lose money too - it all depends on your own entry price.
I had a couple of stock taken over lately. The most recent being STO by BNE. My gain on that deal is 28%. A nice profit for one year but hardly getting rich. So far the best I ever done is a double (not even a takeover) and 10 bagger are dreams only. You can buy stocks all your life and would not stumble on one those even if your try.