Pinned straw:
@Arizona - I expected no less. Henry's "value-add" comment was talking about some of the meme stocks that have taken off recently, and then in the next breath referring to $DRO "yesterday". In their defence, they were both a HOLD on $TNE!
When you look at this picture, then OK, maybe they have a point.
But I prefer to look at this picture, below ....
For sure, if you are prepared to trade it, there will be lots of opportunities to get on and off the bus.
On a statistical basis, learning from other microcaps, there's little doubt there will soon come a day when you can get $BIO a LOT cheaper. And I hope those days will come so that I can build my position.
I quite like this picture, not so much for the 8%-9% annual compound returns (which aren't stellar to be fair), but because it illustrates to me what being a "long term investor" really means.
In 10 years, BioGaia has had a least 10 times when the SP pulled back by 50% or more! Of course, it is always easy to look at history and make such obvious observations, but it means if you held it all the way through, there'd have been all those times when in the space of a few short months you'd have seen your position halve. It takes conviction to hold on for that for the long term gains. Of course, if you are a skilled trader, you can multiple your returns by moving in and out! But be careful, because as I like to describe it, sometimes the bus takes off before you can get back on, and you are stuck at the bus stop watching the dust as it roars off without you.