Making Money

Whether a trader or an investor, it pays to do your homework.

I remember 18 September 2001 like it was yesterday. I had researched an obscure company, but not bought any stock, when someone dumped a large number of options at the fire-sale price of 25 cents. The was nine days after 9/11 and chaos was everywhere, but I just knew that this was an extraordinary opportunity and I immediately bought the lot. I sold them ten months later for a profit of $1.70 per option.

Noxopharm is another stock that I have heavily researched. I have bought a lot and sold a few along the journey, making a tidy profit, and today I bought some more.

Making money is never a bad thing. I expect to make a motza.