Mr. Heeg, thank you very much for the Turning Rough Stones substack. I understand that each of the stocks profiled here are risky but, that, on a statistical basis, as a collective, they should do well in the long run.
From your experience with your newsletter on Seeking Alpha, as well as your experience from your personal portfolio and taking into account factors such as bid/ask spreads, slippage, etc.., what type of yearly return do you think is likely with the types of stocks that are profiled in this substack?
Also, for the types of stocks profiled in this substack, for your own trading, do you typically use a market order, a limit order, a combination or something else? For example, Mason Group Holdings is now trading at 0.026 HKD. If you wanted to purchase it, would you enter a market order, an order to purchase it only below, say, 0.027 HKD over the next week, etc,....
Hi, Mr. Heeg. Thank you for creating the substack. My understanding is that the stocks in this substack are chosen in a similar method to those that you recommended in your service in Seeking Alpha. Is this correct?
After a year or so (Or perhaps earlier), will you update each stock that you highlight as a buy, sell or hold?
Answer to first question: correct. Second question: I was doing this for the paid subscription service on Seeking Alpha and I am still doing this for all stocks in my own portfolio. Because writing articles is time consuming usually I do not share that information here. I am sorry but I have to be selective and such information is more something for a paid subscription service.
But there are a couple of general rules. Most of these stocks are sells after a year. Usually it is better to wait at least a full year than selling earlier. After a year do not hesitate to sell stocks of loss making businesses, or with large negative cash flows from operations unless such a stock is trading at a large discount to NCAV. If trading volume is extremely low, it might still be worth to wait another year.
I recently found this substack and I am thoroughly enjoying as I have a slightly similar investment strategy. Keep up the great content!
Mr. Heeg, thank you very much for the Turning Rough Stones substack. I understand that each of the stocks profiled here are risky but, that, on a statistical basis, as a collective, they should do well in the long run.
From your experience with your newsletter on Seeking Alpha, as well as your experience from your personal portfolio and taking into account factors such as bid/ask spreads, slippage, etc.., what type of yearly return do you think is likely with the types of stocks that are profiled in this substack?
Also, for the types of stocks profiled in this substack, for your own trading, do you typically use a market order, a limit order, a combination or something else? For example, Mason Group Holdings is now trading at 0.026 HKD. If you wanted to purchase it, would you enter a market order, an order to purchase it only below, say, 0.027 HKD over the next week, etc,....
Thanks,
IF
Hi, Mr. Heeg. Thank you for creating the substack. My understanding is that the stocks in this substack are chosen in a similar method to those that you recommended in your service in Seeking Alpha. Is this correct?
After a year or so (Or perhaps earlier), will you update each stock that you highlight as a buy, sell or hold?
Thanks,
IF
Answer to first question: correct. Second question: I was doing this for the paid subscription service on Seeking Alpha and I am still doing this for all stocks in my own portfolio. Because writing articles is time consuming usually I do not share that information here. I am sorry but I have to be selective and such information is more something for a paid subscription service.
But there are a couple of general rules. Most of these stocks are sells after a year. Usually it is better to wait at least a full year than selling earlier. After a year do not hesitate to sell stocks of loss making businesses, or with large negative cash flows from operations unless such a stock is trading at a large discount to NCAV. If trading volume is extremely low, it might still be worth to wait another year.
Thanks, Mr. Heeg.