mark, I've learnt a lot from the past experience of microcaps.
case in my mind:1) Triby's warrant trizf:I bought at 7/8, it went all the way up to 3.5, I am too greedy to sell, it came back to 1.5 when I sold it.
2)CCUR bought at 1.325 went up to 2.8, sell half, it was back down to 1.25. Luckily it went up again to 3.5.
3)ISSM: bought at 1.425, went up to 4.0, my wife forced me to sell at 3.75. I'm happy I did, it is now arount 0.08 something.
4)CAML: same story
5)Jmar:
6)Lway
some of the above companys are solid but some of them are not. The patterns are there, if you are lucky to locate a solid company at its early stage, go for it but once the price goes up to an unjustifible level, sell. Failing in love with a stock is very costly business.
For lway, $12 is the next year's end price target for me, if somebody want my shares now at a price close to that, I'd like to let it go, although lway is in very good shape. I fully understand your vision about 30 bagger but look at the overall stock market, few of them can fulfil that dream in one step.
Anyway wish you best luck with your investment, and thank you for your very useful piece of information about the company.
PL |
