RE:Not this againxsnrg wrote: come on guys enough is enough....how many times can you repump this?? Yes its theorectically worth 15 cents or more but you will never see that money lol....come on
It just depends on what kind of investment you want. Deep discount value plays like this may never be noticed, but the risk / reward is good.
I have many momentum type plays I am impatient on but I like to keep some value plays for security with potential reward. Another I like is ELC, which at dec 31 had 55 cents in NAV and trades at 40 cents... been buying since 22 cents. A lot depends on mgmt, you have to trust them to be good stewards. Something like the old PNP or AAB traded at a nice discount but had horrible selfish mgmt so the value was wasted. I dont see that in SQG or ELC or other ones I have, but that's a risk.
To me if you want an automatic jump or payoff then this type is going to frustate you, This is for the patient Buffet side of the portfolio... I buy cheap and just sit, as I think it is better than CAD in the bank and gives some stability to me spec portfolio.