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Re: valuemind post# 122531

Thursday, 01/07/2010 6:15:01 PM

Thursday, January 07, 2010 6:15:01 PM

Post# of 173962
This is very early stage company, hard to evaluate. You really have to know someone in the company to invest.
I like later stage company, much lower risks, but lower percentage of return compare with yours. I am looking for only 500%-1000% per stock and take profits to move on to new ones. GDMN.pk is a perfect example. When I bought it last year, its market cap was below cash. Now it still have about 4-5 dollar cash, very strong balance sheet, probably has a few more hundred percent to go this year. It is ran by very experience management team, so potentially it can appreciate a few thousand percent, but you have to hold for a while. My plan is possibly take profits some time this year and maybe let the free share run for me for a few years.
Some time I did buy a few lottery shares like yours, buy before the details becomes available. (Of course you probably have some insides of the stock before owning it. But I can't find it from the PR.) I got into EAS.v last year for example, it appreciated 30 folds in 2009. I only got a 6-8 bagger though, out too early.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.

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