My experiences were primarily in the OTC, NASD when a broker.
Big Picture first.
FWAY as Foodways National, starting in 1972; frozen foods under the Weight Watcher Brand. Possibly those that know how to search old SEC records can verify this info. Foodways is spelled correctly.
A large trade day a 1000 shares. My client and my unofficial partner bot close to every share until it was bot out by H. J. Heinz in 1978. Same year bot WGHT Weight Watchers. In roughly six months, Heinz bot out WGHT. WE made 100%
Next up; Comp Care, CMPH circa 1974 in the 30 cent range.
Bot around 1/2 in the beginning years them my crew 1/2 in the later years. We were the ball. By 1983 after every Apro 6000 shares became 50,000 shares after split the stock tops out around 35 to 37$
I sold that year.
Net Big Picture, my largest position was AINC. American Income Life; 1975 to 1983. Compounded with stock splits and due to earnings growth my clients doubled their funds every 4 1/2 months. The stock made more millionaires than any other company in Oregon history in those years. John Templeton twice recommended only my AINC on the ONLY Wall Street program in the country, Wall Street Week.
All were owned for years except WGHT which was bot out fast.
This is the BIG PICTURE. Know your company, as much as you can learn, never stop investigating. Hold it for years and years. Soon CYDY will start Revs in the Billions. No one reading can fathom what is coming. The error many will make is the same my allies in my Big Picture companies of the past did. They sold.
They were fake Big Picture talkers.
My business sky rocketed while they made Jack. Don't just make Jack. Make the big backs. Hold the stock. A time will come to reduce risk. DONT WRITE IT ON THIS BOARD. That is between you and your family.
All I ask , for your sanity, do not sell all. Never. Keep some. Die with it. Tell your heirs the Big Picture story and that they might sell a bit but never sell all.
So you are correct, All were OTC, not Pinks
My firm could not allow any Pink buys; zero, no exceptions.
I have zero Pink practice except another long position doing very well, thank you. I do not tout / promote other companies on the CYDY Board.
OTC or Pink; a short is a short and a naked is a naked short and I can spot the trade.
I started Arb investment in the late 1970s into the 80s.
Funny story; at one time I locked Pan Am all summer. I was the seller and bot the convert bonds. Just recalled those days.
After 1985 I was all NYSE and AMEX arbs until 1990 hen I started on what would be my greatest hit. Another story.
Skip forward 20 boring years and now I am in CYDY the most interesting company I have invested in.
25 cents worth. I have seen some very stupid big named CEOs and Brilliant CEOs. Every brilliant CEO a heading one of my Big Picture ideas.
The way Nader P. lays out the facts about OUR CYDY I classify him in the brilliant side. I will say he is the best I have found. He was the reason I pulled the trigger to make my families first buy, and all following buys. Took me a while to acquire what his time estimates meant.
AI
