Scott: re: HYDE, NOR, APPB. HYDE got a lot of publicity here I think because many bought the product, or HYDEA at least had a product -g- (and an understandable one!). And although it was a net-net, a case could (maybe) be made for buying in as a turnaround, growth, entering new businesses phase. (I only bought for net-net; I sold out today also because I can't see where real value is much higher than current value. Not to say it isn't there, or that the stock won't go ever higher--- just that for me, I can't see now. Possibly too, I'm so excited I have a net-net that's worked out, that I'm anxious to take my profit. (They really do seem to take a long time to work out IMO, and it's not all so certain that they will; I think we were lucky with HYDE or we're in a bull market -g-)
I post this to you, because I see - in retrospect of course -g- that you yourself have a pretty good winner IMO with NOR.to which you've mentioned here, and which was discussed here. That one possibly did not get my buy because 1) I couldn't find enough USA info. on it, 2)I couldn't confirm the favorable news article, 2)I wasn't confident enough about the company business. Still, for someone with some confidence and patience, it does seem (now of course -g-) to have been a very good, almost obvious, bet to have made.
Not sure if it was you, but somebody posted briefly on APPB when it was at its lows. That was a very good call also I see.
I still think there are plenty of good stocks out there for value investors. For me, it's just sometimes hard to see them when they are at buy points -g-. Paul. |
