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Hit Counter

How to Get Rich 

Driving Big Truck Or By

Doing Any Job

An Investment Manual for the 

Over-Worked and Under-Paid

 

 

 

On page 139 I showed you this stock: Dynamic Materials  (BOOM).  As of June 31, 2005 it trading at well over $40 a share.  Based on the method in the book, the entree point, the time to buy was at $5.00.  So far it has risen more than 900%!  

You can learn to trade successfully with this same knowledge.  You can know when the insiders are making their moves on a stock and profit with them.

Now a good strategy is to remove your original investment in the stock once it hits the 100% mark.  So let’s use that and look at what a “what if”.  

What if you had invested just $500 at the break of the Base line; that would be a $500.00 investment in 100 shares of BOOM.  When it hit $10 you made 100% return so what if you sold 50 shares to recover you initial investment of $500 which you used to buy other stocks (or paid off some other debts).  Now there is no possible way for you to lose any money; anything you make after this is pure profit.  At the close of today when I got this chart BOOM was selling for $41.23.  Multiply that by the 50 share you still hold and you would have $2,061.50 pure profit.  Now that’s your money do all the hard work for you.  Even with you original money out, you made over 410% return!  That’s getting rich smart!

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The information contained in this website is provided for educational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or commodity.  Prior to the execution of a security trade based upon the information, you are advised to consult with your broker or other financial representative to verify the information. The publisher, Erudite Systems Inc., the author of this website, and its affiliates accept no responsibility or liability for your acting upon the contents.