Coda Octopus Group Inc (CODA)

[suich]

Seriously, this company is a growth stock and value play rolled up in one. Which in itself seems absurd in this overbought stock market where everything else seems to trade far beyond its realistic future value.

I first jumped in with spare change when it traded at a fraction of a penny. Damn that my remaining balance at the time wasn’t $320 vs $32, but after watching the value creation and solid management shape a force to be reckoned, and watching the lawsuit get resolved, and watching the SP rise a few thousand percent, I have added to the position ever since, only selling off chunks when seemingly unrealistic limit orders got triggered, only to buy back after the dust settled.

I have never come close to clocking these kind of gains with any other stock, but it’s “easy”, I guess, if you deeply believe it can only go in one direction over the long term, and if the company steadily delivers, under promising and over delivering.

This is my biggest position, and the only one that doesn’t bother me when it goes down.

Because it is so thinly traded, it moves in big increments, but virtually always down on small volume and up on relatively big volume.

The technology is badass, the management is stellar, the sales team knows what they’re doing, and they’re still under the radar.

I am so overweight this stock that it seems irresponsible to go in any further. But I also don’t want to look back and wish I only added more while I still had the chance.