We have found in the three years we have been providing our service to microcap traders and speculators that our ideal holding time is approximately 3 to 5 months. We believe this to be because we recommend very small and undiscovered companies that are profitable and are in a sector with a great deal of momentum. One example of this is our recommendation on January 3, 2006. Here are the details:
Company: Zenex International (ZENX)
EPS: $0.24
Sector: Construction
Share Price: $0.465
After doing our due diligence we felt the company was extremely under priced and recommended it to our subscribers on January 3, 2006 at $0.465 per share.
That was then; this is now…ZENX closed at $1.95 per share on April 24, 2006, that is an increase of 319%.
The company seemed extremely under priced…fast forward 4 months to April 24, 2006 and you will find the stock trading at $1.95 and increase of 319%. If you bought 2150 shares on January 3 at $0.465 your $999.75 investment would now be worth $4192.50.
To see our original recommendation click here.
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Tuesday, April 25, 2006
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