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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (24559)8/9/2006 4:57:20 PM
From: Madharry  Read Replies (1) of 78572
 
I had 10% of my portfolio in the IPO ICGE after three days I sold 1/3 of my position and pulled out 2/3ds of my initial investment . the balance I rode for a 5 bagger. a little after that I had a 3% position a company called voxware and about half of that ended up being a 10 bagger for me. The othere one I cant remember the name of but it was a medical company that had an agreement with ROche and it sued it. I had some for my wife at $11 and forgot about it for several years in one of her accounts. Roche lost the suit and purchased the company. When I checked it it was over $50 and was about 90% of her account. I liquidated it right away!

Im sure Jbash did quite well with faro. There were companies that if I had held onto them would have been 10 baggers some of which i bought under a dollar like wmb and ucoma. I just think once you have a 3-5 bagger in somthing and its a big portion of your networth, you must be awfully confident not to think its fairly or overvalued at that point, and we are always searching for value as opposed to bragging rights.
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