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Alias Born | 06/18/2014 |
Thursday, September 15, 2016 5:23:20 AM
When I first discovered Capstone at about 2 cents a share, I was skeptical. There was something different about this company and its investing thesis. What stood out initially was their IR firm, Kei Advisors. What the hell was this conservative investment company in Buffalo, NY doing with a sub penny stock on the pink sheets? I became more interested and did some DD. I learned that after many incarnations they became a consumer based LED developer and manufacturer. They actually did business with Costco, Walmart, Sam's Club, Home Depot and Lowes!! Again I asked: What the hell was a 2 cent stock doing with product at Costco etc?
Of course trying to tell others about a 2 cent stock with 722 million shares was futile.
The point is that with virtually no one following CAPC it was easy to accumulate shares at 2 cents. The hard part was having the guts and conviction to buy and hold.
Hopefully we will all be rewarded for our vision and patience. Especially for those who are true long time share holders.
Mike
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