HQS - Well, here's to hoping you got out, and also that you didn't take my advice and buy SIAF instead of HQS. At the time of that post, SIAF was 1.50
BTW, after a second look, I think you've probably found a good one with OINK. Their pro-shareholder EPS covenant approach adds a lot of credibility. In this space, finding management that takes shareholder value seriously is half the battle.
As I said, the one thing I don't like is the micro float, but you are right that in a bull market, with momentum players involved, a micro float can generate some serious returns. TRIT and RCON, two other A&S IPO's with micro floats, each went parabolic at times last year, doubling in a very short period of time. Maybe OINK will as well. One thing is for sure: the company is undervalued right now, all the more so at the 3.70-3.80 range where you bought in.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.