NoName Annual Performance 2021-2022

This was a year of the ball bouncing the wrong way.  I am up 1.4%, giving me a 43.8% CAGR since I bought my first stock 9 years ago.  

You can read my past annual performance posts here.  

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!

Major Change for SOFT, WPCS, MRCR

Tiny companies meander through life with peaks and valleys along the way.  These three stocks have all had major announcements recently which perfectly illustrate life in this unloved corner of the stock market.  Rather than the good, the bad, and the ugly I think we have the good, the bad, and the who knows.  

I like to buy tiny companies with potential.  Sometimes that potential turns into reality (as seems to be happening with MRCR), sometimes the potential gets replaced with other potential (WPCS), and sometimes the potential turns into a fire that burns the company to the ground (SOFT, maybe).  MRCR and WPCS are definitely actionable if you think there's value to be had while SOFT is so illiquid and uncertain it may not be. 

WPCS is a low voltage electrical contractor who recently announced they are merging with DropCar.  MRCR is a construction business that de-registered from the SEC in 2004 then filed reports with OTC Markets for a decade before disappearing from the public eye in 2014.  Just today MRCR posted reports to the public for the first time in 3 years and got removed from the dreaded OTC Markets Stop Designation List.  SOFT was selling off business lines a year ago to concentrate on a new high potential division...then a few days ago they put out an 8k announcing everything is for sale including their domain listing and NOLs.

SOFT Has Big Plans

SofTech (SOFT) is an extremely low float nano cap in the middle of big change.  Five years ago they completed a recapitalization and have been selling off divisions while moving into a new business line.  In October shareholders approved the sale of their PLM business for $3.25M and with a market cap of $800k the public is not impressed with what's left.   Shockingly this is a blog post about an actual SEC reporting company... :)

My Portfolio July 2016

I started this blog with the intention of posting an article about each stock purchase not long after I made it.  Well I have utterly failed.  I would love to blog more, not only for my readers but also myself.  I get to know, and remember, a company much better after writing so it's a big benefit to me personally to go through the blogging exercise.  Unfortunately life gets in the way.  I have a wife, kids, house, dog, full time job unrelated to stocks, '67 Firebird restoration a decade old, etc so I have to just accept my limitations. I've been averaging a little more than a post per month and that'll likely continue

This post is just going to be a list of my current portfolio.  I thought people out there might be interested.  I plan on writing posts on all of these stocks but who knows when I'll get to it.  I do have a post planned this week but 'planned' does not equal 'completed' so we'll see