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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: JohnnyMoney who wrote (48882)3/8/2019 6:43:28 PM
From: WorthaDeeperLook1 Recommendation

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JohnnyMoney

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Dead money - It depends on the investment horizon. In less than two years, we have more than doubled our money on the 5.5 cents July 2017 private placement.

However, if we go back 4 years when I first started buying this stock, then it seems like we're still underwater.

Investors don't like to get hurt and they were. Most people that were shareholders before the July 2017 round are long gone and won't probably buy it again or will but way too late. Because they don't want to be hurt again and can't get over their feelings.

I did. For me, there's a pre-July 2017 and a post July 2017. What was a small position back then became a very big one after all the research I did and the opportunity we got to triple down at 5.5 cents. The recent addition of Jason Donville tells me I was maybe onto something...

Note that I'm not in the market to be "right" or feel "good". I am in the market to make money.

AKR still has lots of potential and this is why it's one of my largest exposure in the microcap space as of today.
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