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Katfish

04/25/14 10:15 AM

#8183 RE: sainte-beuve #8182

Gary was great at finding stocks selling for around the .10 area that had huge potential. He was an accredited investor which allowed him to take advantage of many private placements at reduced prices. In a private conversation, he admitted to owning about 150 stocks, (many from PPs) but he would not post those up until he thought they were ready. Also, he did extensive DD on each stock, and he was relentless in calling companies. He felt that this kept you from making a mistake.....but not always.

He was wrong about a few such as NEIK (I know he had a lot of shares from a PP), and VODG still has not hit. But his successes far outweighed the ones that did not hit.