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How one could have gained 600% in one year

Investors who were bold enough to take a chance at the first signs of a rebound that the Stock Exchange was showing in March 2009 had the rare opportunity to triple their money in one year.

Andrei Chirileasa · 3 martie 2010 · 1 min de citit

Investors who were bold enough to take a chance at the first
signs of a rebound that the Stock Exchange was showing in March
2009 had the rare opportunity to triple their money in one
year.
With 10,000 RON invested in the ten stocks forming the BET
index, an investor would have gained 18,000 RON over the past year,
and a similar investment in bank or SIF (financial investment
companies) shares would have generated over 24,000 RON profits. The
profit could have gone as high as 60,000 RON had one bet on Condmag
Medias (COM).
After a disastrous 2008 for stock market investors and a start
of 2009 that dashed all hopes of ever recouping something, in
March the market showed the first signs of a rebound. Those that
were bold enough to bet on the market rebound in the beginning and
had the money to do it, were able to get fabulous profits in one
year, which will be hard to match over the coming years.
“I had clients who had a hard hit portfolio before and no
longer had the courage to take a chance and now are sorry they
didn’t, and clients who went ahead and took it, came up with more
money and won,” says Ciprian Zah, the broker of Cristescu brothers
who gained 5.7 million RON in the past year betting on Dafora
Medias shares that rose 500%.

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