tag:blogger.com,1999:blog-754894216207950592.post6179683660637974565..comments2024-03-20T15:55:23.392-07:00Comments on NoNameStocks: NoName Annual Performance 2020-2021Dan Schumhttp://www.blogger.com/profile/05728696891530868697noreply@blogger.comBlogger37125tag:blogger.com,1999:blog-754894216207950592.post-74154834467697052502021-12-21T13:26:23.894-08:002021-12-21T13:26:23.894-08:00yeah that's good to see. now need some good n...yeah that's good to see. now need some good numbers flowing into the financial statementsDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-31530371645519439132021-12-21T13:18:03.451-08:002021-12-21T13:18:03.451-08:00Finally some update on the international project.
...Finally some update on the international project.<br /><br />https://www.otcmarkets.com/stock/EKCS/news/EKCS-PROGRESS-UPDATE-ON-ITS-INTEGRATED-LOGISTICAL-TERMINAL-PROJECT-IN-GHANA?id=336640David Rodriguezhttps://www.blogger.com/profile/08783326120517776862noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-38765925467769514282021-09-07T16:23:30.730-07:002021-09-07T16:23:30.730-07:00just realized my CAGR calculation for the SP500 wa...just realized my CAGR calculation for the SP500 was incorrectly omitting last year's 45% return so I fixed that. Jumped it up from 11% to 15%. sorry for the errorDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-90685427973727775172021-05-24T07:41:00.331-07:002021-05-24T07:41:00.331-07:00Thanks. I feel like I've heard that name but ...Thanks. I feel like I've heard that name but can't remember. The chart looks crazy. What a drop at the end of 2018! I'll check it outDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-11550055763961454452021-05-22T04:48:14.388-07:002021-05-22T04:48:14.388-07:00any thoughts on IONI? They sell data management an...any thoughts on IONI? They sell data management and digital marketing software solutions. The fundamentals look interesting with a P/E of 4, P/B <1 and P/S of 0.64. MC is around 6.7 Mio. I also like that it is illiquid but still investable. In addition, their performance (earnings etc) is improving. Michuhttps://www.blogger.com/profile/03414971091277943787noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-79587894897909622572021-05-21T12:17:47.157-07:002021-05-21T12:17:47.157-07:00It's all of the above. HRBR is a big position...It's all of the above. HRBR is a big position because it has come up about 10x since I bought. PGNT similarly is large becuase it's up about 3x from where I did most of my buying. CVV is large because I have kept buying it over the years as it has sat in the 3-5 range. MINM and ECIA are large because I have kept on buying over time. ECIA has also come up from where I bought most of my stock. SCIA is large because the stock is triple what it was when I did most of my buying. Dan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-14589747837171038112021-05-19T23:52:20.432-07:002021-05-19T23:52:20.432-07:00You hold a relatively high proportion in the portf...You hold a relatively high proportion in the portfolio of 3-6 stocks. Is that out of conviction that these stocks have special potential or more by chance?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-61060500913379611902021-05-13T06:15:43.100-07:002021-05-13T06:15:43.100-07:00maybe it is a mistake to avoid small Chinese stock...maybe it is a mistake to avoid small Chinese stocks listed in U.S. Just look at CGA which did go up from 2 to 15 usd. An incredible return. I think not much changed actually, the financials of CGA do not look better than in the past. Michuhttps://www.blogger.com/profile/03414971091277943787noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-83982369425084009122021-04-29T08:09:01.660-07:002021-04-29T08:09:01.660-07:00Certainly could be. I don't have a better the...Certainly could be. I don't have a better theory. I emailed IOMT to see if they were involved in the otcmarkets change from Grey to Expert and they had no idea. So I guess otcmarkets did that themselfDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-72288750649217407362021-04-25T11:09:47.246-07:002021-04-25T11:09:47.246-07:00It would actually make sense to sell some of the w...It would actually make sense to sell some of the winning stocks (or the entire position) and buy more of the losing stocks. However, I think that this should only be done every 2-3 years. The assumption is that stocks and earnings have a tendency to align with a mean. There is no ultimate proof but some evidence that "what goes up a lot must go down a lot again (and vice versa)". of course this will not work every time but more often than not. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-41672719324906704102021-04-24T08:50:54.046-07:002021-04-24T08:50:54.046-07:00Hey Dan, my records show that IOMT recently change...Hey Dan, my records show that IOMT recently changed from Grey Market to Expert Market. This could potentially explain the price increase.Daniel Mayohttps://www.blogger.com/profile/13818533681533762542noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-8422369645444225362021-04-23T12:03:37.386-07:002021-04-23T12:03:37.386-07:00Congratulations for another good year, Dan! You...Congratulations for another good year, Dan! You're an inspiration to all of us!<br />-GGAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-76096864842830384242021-04-23T03:56:26.817-07:002021-04-23T03:56:26.817-07:00another one would be Rocky Mountain Liquor Inc (RU...another one would be Rocky Mountain Liquor Inc (RUM). Very small and very cheap. But it is probably too late to invest in this stock(?)Michuhttps://www.blogger.com/profile/03414971091277943787noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-40286553204806511332021-04-22T21:24:23.113-07:002021-04-22T21:24:23.113-07:00No I have not heard of that one. Thanks I'll ...No I have not heard of that one. Thanks I'll check it outDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-15828138917733310022021-04-22T09:22:06.040-07:002021-04-22T09:22:06.040-07:00Awesome. I'll check out that podcast and read ...Awesome. I'll check out that podcast and read a couple of your recommended books. Thanks again.Lucasnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-85365333389733455782021-04-22T07:02:34.724-07:002021-04-22T07:02:34.724-07:00I talked about that a bit on this podcast: http://...I talked about that a bit on this podcast: http://www.nonamestocks.com/2020/06/financially-free-podcast.html<br /><br />Overall I'm not really doing much different now than in the past. Main thing is I need bigger positions so I'm sort of always buying. When a stock is in the range I want to buy I have to take that opportunity and buy what I can and sort of keep going with that. I am doing the same stuff, just I type in larger numbers and have to get bigger dollar value positions. <br /><br />I used to be get filled in say one or two transaction but now it takes many so it's also the case that super super illiquid names may not move the needle. For example I've got this big movement in IOMT currently but it's not impacting the portfolio as much as it could because my starting position was only like $1k total. <br /><br />Over time I'd bet I just buy more and more names. Keep doing the same thing but end up with more stocks. we'll seeDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-88176304380014801472021-04-22T06:17:44.341-07:002021-04-22T06:17:44.341-07:00Hi Dan. New to your site and strategy. Thank you f...Hi Dan. New to your site and strategy. Thank you from all of us here to learn. I heard you say in an interview that your portfolio has grown up to seven figures. Are you finding this strategy more difficult to implement as the portfolio has grown? Do you see it evolving or changing in any particular way? Thanks again!Lucasnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-82359394490333270042021-04-21T23:53:52.787-07:002021-04-21T23:53:52.787-07:00International markets look cheaper than U.S. Howev...International markets look cheaper than U.S. However, to my knowledge, there is not much data to prove whether such a strategy (buying mostly very tiny value stocks) works internationally. If you have data, please send me a note. In the U.S., there is some data, e.g., see the paper "A Modified Price-Sales Ratio: A Useful Tool For Investors? " which found substantial returns for the smallest value stocks (below a MC of 25 Mio.) between 25% - 80% p.a for a 17-year period. The big question is: will this strategy continue to work in the future? Or is it just a cycle / trend. Who knows. Michuhttps://www.blogger.com/profile/03414971091277943787noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-56627548596176899762021-04-21T09:35:55.301-07:002021-04-21T09:35:55.301-07:00thanks. If BMRA were sitting at the $3 area suppo...thanks. If BMRA were sitting at the $3 area support I would own itDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-13854288234063544442021-04-21T09:16:03.876-07:002021-04-21T09:16:03.876-07:00Dan, congratulations on your performance. I was wo...Dan, congratulations on your performance. I was wondering how come you no longer hold BMRA even though it is back down? Do you not think they will pass the trials and get the FDA approval? Just curious...Amitnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-2561785206289955042021-04-21T01:06:35.769-07:002021-04-21T01:06:35.769-07:00Hey Dan, congrats on another great year! Have you ...Hey Dan, congrats on another great year! Have you had a look at Timber Pharmaceuticals ($TMBR)? Seems like the kind of company you may be interested in. <br />IsaacIsaacnoreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-50006202764016596372021-04-20T20:44:58.261-07:002021-04-20T20:44:58.261-07:00:) Thanks David:) Thanks DavidDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-27881285022412387302021-04-20T20:44:34.533-07:002021-04-20T20:44:34.533-07:00Thanks BraxtonThanks BraxtonDan Schumhttps://www.blogger.com/profile/05728696891530868697noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-9655044166978576182021-04-20T17:45:25.689-07:002021-04-20T17:45:25.689-07:00Yeah I try to stick to the 1% rule when creating a...Yeah I try to stick to the 1% rule when creating an order, but I've had commission charges on some really small partial order fills well beyond 1% of trade value. Here's to hoping TD adapts Schwab's zero commissions. Anonymoushttps://www.blogger.com/profile/15577345059817591802noreply@blogger.comtag:blogger.com,1999:blog-754894216207950592.post-67012940611969985722021-04-20T01:39:28.498-07:002021-04-20T01:39:28.498-07:00Congrats Dan!
Don´t miss any of your write-ups and...Congrats Dan!<br />Don´t miss any of your write-ups and enterviews. Like very much your stock picking process and even more your outstanding results.<br />I discovered your blog last year during the lock-down, so as it´s said " every cloud has a silver lining".<br />Thanks and keep enjoying!David Rodriguezhttps://www.blogger.com/profile/08783326120517776862noreply@blogger.com