CSE:AION - Post Discussion
Post by
moneywagon on Jul 14, 2021 4:35pm
SX GREAT POST & CREDIT TO STOCKZORG..hey it's only called DD
@stockzorg This has been an ugly, grinding bear market for all of my OTC small caps for the past four+ months. None of the fundamentals have changed for the half dozen stocks I loaded up on in February, SX being one. That said, this is exactly the kind of market that has given me the best returns since the 1970's. I simply keep averaging in through the bottom and eventually they all come back, especially if the business makes some progress in the meantime. I try to find comparable stocks to the ones I hold and watch them as well. In the case of SX, one comparable is ABML, which was supposed to have a recycling plant by the end of last year and is still applying for permits. We certainly are not losing any ground to them, and their market cap is down to $1 Billion on 500+ million shares outstanding, down from well over $2 Billion at the end of January. The market cap of SX is less than 5% of ABML and I think SX has more going for it. If true, the price discrepancy will modify at some point.
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