Attention Hydromer HYDI Shareholders

 Could all HYDI sharesholders please contact me at nonamestocksdan@gmail.com.  I'd like to chat.

NoName Annual Performance 2020-2021

It's been a great year in NoNameStocks land.  I'm up 35.7%, giving me a 50.3% CAGR since I bought my first stock 8 years ago.  

You can read my past annual performance posts here. 

Financially Free Podcast

Last week I was interviewed on the Financially Free Podcast by Ney Torres which you can listen to here.

We mostly discussed my process and how I look at stocks.  Used some examples HYDI, TCCO, and others.

Examples

Today I'd like to run through some examples of my stock purchases.  I've already blogged about these so nothing new on that front, but this will give you an idea how I go about buying stocks over the long term and why I buy when I do.

Let me try to tell you how I buy and why I buy.  What I do with winners and losers.  

I have 3 winners and 3 losers to run through.  Yay charts!

Hydromer and the Value of Potential

A common theme among my stocks is potential. Either a stock has to be incredibly cheap versus the current numbers, priced as if the company is dead, or packed with potential. Above all any stock I'm going to consider must be tiny, illiquid, and low priced.

When I say low priced I mean cheap, and when I say cheap I mean in every sense of the word. A $100 stock may be cheap relative to intrinsic value but it is not absolutely cheap. Even a $20 stock is not absolutely cheap so it would take something real special to get me to venture into that realm. Anything over a few dollars starts making me uncomfortable and my preference is really closer to a nickel. I'm looking for maximum stock price movement and that comes from four things: supply, demand, perception, and resistance.