Wednesday, May 22, 2024

IEHC is Cheap Again

IEH Corp (IEHC) was the second stock I wrote up on my blog way back in 2015.  Coincidentally that post is how I met my mentor so it carries a special place in my heart.  

The stock rose from $6 to $25 over several years of solid results only to fall all the way back due to Covid and missed filings.  The stock only became tradeable again a few months ago so here's your chance with the stock at $6.30.

Friday, May 10, 2024

IOMT at a PE of 1/3

I saw a trade on IOMT the other day which reminded me to check if they filed their annual. Sure enough there it is. EPS of $0.09. Book value per share of $0.34. Revenue per share $1.78.

Stock price $0.03

Tuesday, April 30, 2024

Calling PGNT Shareholders

If you are a holder of Paragon Technologies (PGNT) stock please email me.  

I am not happy with how much money and effort has been spent on OPTT.  Also not happy that Sham's dilution proposal to use this way-too-cheap stock as currency.  I will be voting no to everything on the proxy.  

Friday, April 19, 2024

NoName Annual Performance 2023-2024

This year I gained 5.1%, bringing my CAGR to 33% since buying my first stock 11 years ago. I'm super happy and proud of my long term record, though losing to the S&P the past 4 years straight isn't great. I've been treading water recently and hopefully next year changes that.

Sunday, March 31, 2024

Idea Brunch Interview with Edwin Dorsey

I was recently interviewed by Edwin Dorsey on Sunday's Idea Brunch! We talked about my background and why I do things the way I do. I try to explain my reasoning with examples whenever I can.

I had a lot of fun on this one and Edwin asked great questions to bring out the conversation.


Wednesday, February 28, 2024

Full Circle

 I started down this path in the stock world when the startup I was working for went bankrupt in early 2013.  At the time I had minimal savings to support my wife and two kids so we had to uproot and move to get a new job.  

That experience is what pushed me to expand my financial horizon to end up here.  If you want to hear more about my stock beginnings, I talk about it in some podcasts here and here.

Here I am 11 years later and yesterday my project was closed down.  Deja vu.  Turns out the world of new technology development has risk :)