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Strategies & Market Trends : Value Investing

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To: Lazarus who wrote (59749)	8/17/2017 6:24:50 PM
From: Paul Senior	Read Replies (4) of 78732

To Lazarus. Ok, here's a 50% gainer or more (I hope) that's maybe a classic Lazarus type. (-g-) If I understand correctly, a classic Lazarus is a penny-stock with potential - with that potential being realized after being held many years with gains of the multi-bagger type. Sitestar Corp. management are attempting to be asset allocators -- investing in businesses and asset managers where the SYTE people have some confidence in the people in whom they are investing. I hold thousands of shares(!) --Uh, well at $.09/sh. And which in total $ is less than a cheap weekend in Las Vegas in the summer. In other words, I don't have enough shares to where it would make much of a noticeable contribution to the small portfolio in which its held, even if the stock increased multiple times. I just want to see if I can hold this penny for a few years to see if I picked something that grew multiples and see if I had the patience to hold a tiny investment that long and eventually harvest the gain (assuming there would be a gain). finance.yahoo.com

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