P10 Industries Inc. (PX)

[chemist72]

Boring, boring, boring. Maybe that's OK??

Current general market conditions seem pretty tough for stocks. My portfolio is down about 20% from its peak this year, but still up about 15% for the year-to-date.

All this "volatility" is due mainly to the price fluctuations of PIOE, which represents a large portion of my total portfolio value.

So let's summarize how PIOE has done this year. Its price peak was $1.84 on March 28. Its low in 2018 was $0.76 on Jan. 17, 2018.

So what about its performance from the beginning to the end of 2018? Well, PIOE closed on Jan. 2, 2018 at $0.82. Obviously, we don't know the close for 2018 yet. So let me be pessimistic and assume PIOE closes on Dec. 30, 2018 at $1.00. Even in that case, PIOE will have been UP about 22% for 2018, which will be better than my total overall portfolio.

So yes, PIOE may be a "boring" stock to hold and watch, but as long as it continues to gain 20% or more per year, it will be a "good" stock for me to continue holding in 2019. Which is what I am planning to do!