This year I'm down 0.9%, dropping my CAGR to 29.8% since I first bought a stock 12 years ago. I've been flat for 4 years now and lost to the market 5 years in a row which is too bad. You can see the ups and down of penny stock land in my portfolio performance even: 3 years matching the market, 4 absolutely scorchers, 5 years of ho-hum.
Thursday, April 24, 2025
Tuesday, March 4, 2025
I'm on Bluesky
Just a heads up I've started a profile on Bluesky. Anyone who wants to connect you can find me there. @nonamestocks.bsky.social
Wednesday, February 19, 2025
VCON Bought out for $0 per Share
You can file this one away under "cautionary tales for microcap investors." I first wrote about Vicon Industries (VCON) almost 7 years ago when the company changed symbols from VII to VCON. The stock was at a split adjusted $325.
The last trade was almost 4 years ago at $65 per share.
A couple weeks ago I received a buyout letter which made me for real laugh out loud with this line, "the estimate of value of Company as of September 12, 2024, was $0.00 per share"!!
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