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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (56024)2/16/2017 3:37:23 PM
From: E_K_S  Read Replies (2) of 78702
 
U.S. Neurosurgical Holdings, Inc. (USNU) - Closed out position @ $0.376/share

I had my stink sell hit today @ $0.376/share to close out my position. I set my price based on selling 17.5% above stated BV. I bought at $0.25/share 8/2016 so booked a 50% return in 6 months.

Last time this ran into the $0.40/share range before earnings. Earnings are next month so maybe somebody is buying based on that. As long as stated BV is at $0.32/share (or higher) I will again buy at/below $0.25/share (that's 28% below BV).

The problem is this is not liquid and you can not really trade too many shares either as ADV is only 2,800 shares.

Thanks for the heads up back in August 2016.

EKS
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