AWX - Looking back, the doctor owned 167k shares in 1999. He's been adding through the years. He's been buying shares for 25 years!
I didn't know this previously, but AWX was a spinoff of American Waste Services in 1998. They do own quite a bit of real estate including three golf courses and a hotel. Chances are good that their tangible book value of around $9.50 a share is understated with the rise in real estate values over the years. Here is a list of their properties:
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.
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