07-30-2019, 06:52 PM
(07-29-2019, 06:06 PM)fenders53 Wrote:(07-29-2019, 03:53 PM)NilesMike Wrote:You've been very nice Mike. When I find the next one I'm going to tell you first lol.(07-29-2019, 07:34 AM)fenders53 Wrote: -If you're nice to me I might throw you some UTE picks sometime so you too can have some safe ten baggers.
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I've been nice.
I've owned a lot of stocks the past 35 years and it's pretty crazy a UTE is my lifetime best pick. I purchased XEL when it dropped 60%+. I don't even recall the reason for the decline, but I wondered what Minneapolis would do if they went out of business. It was Northern States Power NSP at the time and, of course they had no real competitors, nor did they go out of business and merged later. Anyway, I collected some big DRIP all these years due to my entry point when I luckily caught the bottom around $7.50 SP. It took over 15 years but my one and only ten bagger. Bettter than a ten bagger actually. I've owned a lot of high flying tech stocks but I have never timed it like this. It's good to be lucky. Sadly I only bought like 125 shares but that was a bold purchase for me back then.
Nice, and it is much better to be lucky than good!