InvestorsHub Logo
icon url

nfrequent

09/13/23 1:55 PM

#152186 RE: marylandstockguy #152180

I have only held one stock from the time it got beaten down by concerns about big losses and dilution through the point it swung to a profit and held it as profits grew. It took two or three quarters for the market to catch on. That one was on NASDAQ. I wound up averaged in better than Morgan Stanley who bought like 15%.

That was Marvel Enterprises. I'm NOT saying RNVA is at all comparable, but proportionally speaking, the dynamics of earnings growth (after swinging to a profit) are similar. My eye is on the EPS and the improving balance sheet. That's where the value is, and it's growing.