5 (More) Profitable Smallcaps Trading at a Fraction of Tangible Book Value [View article]
Aloha,
AWX is a great risk/reward play but it requires patience. I first bought a big chunk in early 2000 and within 2 years I was down 60%. I was not panicked however because of the underlying value of the assets. I actually stepped up to the plate and bought more. Over the next 5 years the stock rewarded me quite well for patience as it went up 500% from that low. I sold 65% of my holdings at various intervals as the stock reached that multi year high back in 2007. I started buying again at $4 in July of 08 and was amazed at how low the stock price got. I got more aggressive with the purchases as the stock got lower and was thrilled I was able to buy 10K shares at $1. The amazing thing about this story is the company itself is actually performing better in 2008 then at any other time and looks to be profitable in 2009. My guess is the cause of the breakdown in stock price was not based on the fundamentals of the company, but the liquidity of the stock and the need for someone to sell because of margin calls. This is a perfect stock for my Roth IRA account as I expect after 3-5 years it wil have traded at $10 or higher at least 1 time during that period. Many people are afraid of the two tiered class A and B stock structure, but I took the time to meet the CEO who owns all of the class B stock and runs the company and I have been rewarded by my faith in him and His company
China Natural Gas: Bodisen Biotech's Hidden Gem [View article]
That was your loss. BBCZ up 33% in 2 days as CHNG.OB surges to $14. The appreciation in CHNG will dramatically impact BBCZ earnings in Q3 & Q4 provided of course CHNG holds on to the recent price appreciation.
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Latest | Highest rated5 (More) Profitable Smallcaps Trading at a Fraction of Tangible Book Value [View article]
AWX is a great risk/reward play but it requires patience. I first bought a big chunk in early 2000 and within 2 years I was down 60%. I was not panicked however because of the underlying value of the assets. I actually stepped up to the plate and bought more. Over the next 5 years the stock rewarded me quite well for patience as it went up 500% from that low. I sold 65% of my holdings at various intervals as the stock reached that multi year high back in 2007. I started buying again at $4 in July of 08 and was amazed at how low the stock price got. I got more aggressive with the purchases as the stock got lower and was thrilled I was able to buy 10K shares at $1. The amazing thing about this story is the company itself is actually performing better in 2008 then at any other time and looks to be profitable in 2009. My guess is the cause of the breakdown in stock price was not based on the fundamentals of the company, but the liquidity of the stock and the need for someone to sell because of margin calls. This is a perfect stock for my Roth IRA account as I expect after 3-5 years it wil have traded at $10 or higher at least 1 time during that period. Many people are afraid of the two tiered class A and B stock structure, but I took the time to meet the CEO who owns all of the class B stock and runs the company and I have been rewarded by my faith in him and His company
In Christ
Edword
China Natural Gas: Bodisen Biotech's Hidden Gem [View article]