ASRV should be one of the largest positions in a portfolio. This regional bank is trading at the deepest discount on the market. It is almost one third less than its $4.97 book value. Trading at par with its book value (which is a low valuation) would represent a 50% gain. If they get bought out at market value, it would likely be for about double the current...
Several things catch my attention about KCAP: It is undervalued compared to other BDC. The chart is firming up and trending back up as it appears to have bottomed out and found technical support. Pays a dividend of nearly 14%. A run up to $7.50, plus the dividend would be a 40% return. The low fundamental valuation (0.88 price/book compared to the 1.5...
When I make 30%+ in less than two weeks, I dump. ANGYF is special situation. This chart is a textbook breakout and management is actively looking to sell. I'll ride the wave a bit longer, but probably being to lighten up if it approaches $0.40. For 2015 Argent has 2,000 net bbl/d of oil hedged at WTI oil prices of US$90/bbl equivalent or higher and 6,000...
MLNK increased in price by 60% in a two week period last October and would eventually more than double in price by the end of 2013. The rally was stalled by a convertible bond offering, but has since formed a base and has started creeping back up. This is a great looking chart, it appears to be a saucer formation which is the pattern that offers the greatest...
This most recent rally could prove to be different than the prior because the circumstances surrounding the company are now much different. There is a great deal of resistance at the $2.50 level. If shares are able to break through its current levels, the stock could easily challenge $4.00.
The $15.00 level would likely serve as an exit point for me having almost tripled my initial investment. However, taking a look at a five year chart shows the potential for the stock to continue to run if it is able to return to the $15.00 level. As recently as 2012 shares trading above $40.00. From a purely technical perspective, the stock will face resistance...
Here is a 15 month chart showing the stock’s recent strength. Seeing how the stock performed at the end of last year, I was comfortable accumulating shares up to the $8.00 - $8.50 level. I felt that this level would provide significant support once for shares once it reversed, which it certainly has. It now appears as though the $10.00 level will provide an...