Calling all PGNT shareholders please vote! In this proxy every vote really does count so please do vote, no matter how many shares you ho...| www.nonamestocks.com
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. | NoNameStocks
Just a heads up I've started a profile on Bluesky. Anyone who wants to connect you can find me there. @nonamestocks.bsky.social| NoNameStocks
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. | NoNameStocks
I don't normally look at companies like this but Globex Mining Enterprises (GLBXF) is not what you think. They have an incredible balance sheet with $7.5m USD cash + $13.5m in investments. The CEO hates debt so they have none, carrying only a couple hundred grand in current payables. | NoNameStocks
PGNT sits at $5.70. Trading under half of book value, less than a tenth of revenue. Market cap of $9.9m with net income of $1.1m, $4.7m, $3.4m, $3.6m the past four years. $7.2m in cash + securities. Real estate worth more than the $3.3m it's carried for on the balance sheet. | NoNameStocks
I first wrote upETCC in early 2019 with the stock at $0.58, having fallen from a high around $2 a year prior. When the company stopped filing in 2020 I held and waited. In mid-2021, with the stock in the $0.30's, I bought more as the company released neworders and told investors they would be getting current with financials. | NoNameStocks
Recently I was interviewed by Maj Soueidan of GeoInvesting. This is my second time on Maj's podcast and it was great fun. Easy to talk with Maj as we share a lot of the same interests in stocks. | NoNameStocks
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. | NoNameStocks
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. | NoNameStocks
If you are a holder of Paragon Technologies (PGNT) stock please email me. | NoNameStocks
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. | NoNameStocks
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. | NoNameStocks
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. | NoNameStocks
Surge Components (SPRS) is a rarety amongst my portfolio: well run and profitable. The stock sits at $2.40 giving a market cap of $13.7m. They have $10m in cash + securities, $40m TTM revenue, $2m TTM net income. | NoNameStocks
I first wrote up Scott's Liquid Gold, SLGD, in 2018 at $3.35, at the peak of the 10 year chart. With the stock at $0.40 now that's looking like a big mistake. | NoNameStocks
We finally have HAUP financials! It only took 8 state law DE 220 demand letters, almost 4 years in court, and hundreds of thousands of dollars in legal fees! | NoNameStocks
In 2006 I bought a 1967 Pontiac Firebird that hadn't run in over a decade. I've been restoring ever since and it's finally done after 17 years, 3 months, and 11 days! Or actually it was 1 wedding, 3 kids, and 4 dogs. No wait I mean 4 cities, 4 rental houses, 3 purchased houses, and 2 states. I've paid more in towing fees than to buy the original car.| NoNameStocks
Could all HYDI sharesholders please contact me at nonamestocksdan@gmail.com. I'd like to chat.| NoNameStocks
I bought into GSE Systems (GVP) a couple years ago due to change and here today I sit seeking more. | NoNameStocks
POLXF announced a buyout from BioSpectra last month 4/27 for $2.017 per share of common. The stock sits at $1.74 which I think is too low. 16% just waiting for you to pick it up.| NoNameStocks
This has been my worst year with a -16.7% return, but today marks the completion of my first decade and a 10 year CAGR of 36.2% is nothing to sneeze at. Cheers all!| NoNameStocks
Sometimes a stock just looks so good you have to buy. InVitro International (IVRO) is tiny, profitable, and debt free. The stock sits at a low after falling from a big rise. | NoNameStocks
A few days ago DYSL put out a tender offer to buy back 54% of their common at $2.49. I first wrote up the stock at $0.81 and my portfolio has been ugly recently so it feels great to have a win. | NoNameStocks
Just a quick note to all my followers out there that I've deleted my Twitter account. Thanks for reaching out to those who asked if everything is OK. There is no problem and I'm not changing anything in my stock and blog world. I just deleted my account once the new ownership took over since I do not want to support them or be associated in any way.| NoNameStocks