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This is not true. Even companies whose IPOs are long forgotten can bring 20X returns. In a current stock market frenzy you can have 20X returns in a year. Take
by vizzah 6y ago
This is not true.
Even companies whose IPOs are long forgotten can bring 20X returns. In a current stock market frenzy you can have 20X returns in a year. Take Overstock (OSTK). 14X return from the highs of January 2020 or 30X return from the lows of March (COVID sell-off).
Even large caps such as TSLA is almost 10X return in a year(!). It's crazy what's going on with the stock prices right now.