Can I ask, how long is it that you sit on some of these companies that have decent FA relative to their market cap and cash on hand? Before yous ell for a profit, if that? I have seen afew of your calls go well, albeit some took ages to finalize. No stabs, just wanting to learn and udnerstand
This strategy for me worked well in 2017, 2018.. MArkets have long shifted and funnily enough, they dont go for the runs they used to. Not even stocks with low shares on issue, have good cash, and market caps close to cash levels. They don't move as well anymore
MDI sounds nice but the chart is a nothing, no go, guess the bottom type stuff. You may very wwell be half the buy side for a company so cheap. How do people go for it, I wonder.
