My best return was on a stock which would have been a dud in your eyes. It ranged between 8-20 c for years before it climbed up to over $7 as it built it’s Gulf of Mexico portfolio in the during the 1990’s and early 2000’s.
Being patient and holding conviction for years on what was an unloved but undervalued stock allowed me to fund a large chunk of the cost of my dental practice purchase.
It too was operationally successful , profitable for a few years but unloved by the market, until it was…. It never paid a dividend nor conducted a buy back.
So I’m more than happy to stay invested, and build if the stock falls a little bit more… no wasting time here.
Have a read of the new MST research paper… yes it’s a paid report, but I believe the target’s are not retail investors.
I don’t expect it will alter your beliefs , but for the general investor , it looks to be an excellent piece detailing the story.
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.11M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $23.05K | 2.183M |
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No. | Vol. | Price($) |
---|---|---|
44 | 25833994 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.1¢ | 54460586 | 48 |
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