RE:RE:Aaaaand More....Agreed Kidl, and you make some good valid points. but if one had held the whole boat of stocks listed in the SCD portfolio from his entry points, one would still be up considerably. Many of his listings are bought pre IPO for going public in the first place. Eg, PTE at .125c. Others are found from simple but extensive research and have done extremely well. Eg, HTL at .19c and now holding over a 1.00 and IPA has gone from .30 c to 1.20 to .65 to .95 ish now.
One must also note that most of the stocks, from the point of public knowledge that SCD/Brisio is interested in the stock, have at SOME POINTposted at least 100, 200, 300, 400 % gains. Eg. PTE, LTE. They have had serious retractions, absolutely, AND for good reason. Hind site is 20/20. But such is the world of Micro Caps. But how high does ones stock have to go before one takes some profit,
Paul makes no bones about his investing style. He isn’t looking for 1 or 2 baggers. He’s looking for a 10 bagger. The next Covalon, or DAP.U. And it takes years, and a few knuckle sandwiches to the wallet. And Brisio stands by its investments, and has been holding its IPO/PP portfolio through thick and thin in most cases. It’s in the quarterlies.
BZI was .08 c 2 years ago. It’s holding at .35 and making 20 000 US a day now (est) In about a week it’s going to have 2 million registered names under management at 8.95 US each. Compound that with any double digit growth rate (it’s been 80% + lately but cut it to 50% just to be conservative) AND it’s almost exclusively recurring revenue. It’s a different ball game now, and you just have to run the fundamentals of BZI by itself to see that this is a good price right now. You don’t have to wait for a contract to dig a ditch (LTE). You don’t have to wait for more development and exposure (RW). You don’t have to weather the burn rate of a junior biotech trying to get into the good graces of a giant medical development company (IPA). You don’t even have to wait for news every 4 months that tell you nothing about what’s going to happen in the next 4 months or a year (CTZ, which I really like btw):
All you have to do is watch the counter on the NameSilo website, subtract some debt, add a multiple, and you know exactly what your investment is worth. It’s boring. It’s almost to simple. maybe I’m missing something. But as long as that counter keeps clicking away and the shares outstanding stay less than 80 million shares (about 65 million right now) .... this is a really good investment at these levels imo.
But it’s not a bad investment because I bought one of his choices at higher prices than he did, or didn’t sell enough after a stupid run up.