Thursday, January 09, 2014 1:59:12 PM
It's not the easiest way to make money, but I've had my winners. One of my favorites was a $100 position held long term become $6700, a 67 bagger overnite when the company (Z--L) announced it was going private. What it meant to me was that besides the nonsense that goes on in the world of pink sheets, every once in a while the real thing comes along. The company was a non-filer just like PCHM that people just stopped following. I made my 67x, but it went to a $40,000 value, a four hundred bagger. I know it's very uncool to talk about what you've done, but I want to put the potential in real perspective.
Where are the bids? I would buy all remaining shares at .02 if I had the cash. I have the patience. This is going to be one of those overnighters imo. Company bought out or taken private. Or not. Growth will be the other story. Cash position exceeding written off debts too. Either way. WOW.
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