Donkey years ago, I invested in Healthway Medical Corporation (HMC). I liked the numbers and I thought it was relatively undervalued compared to peers.
Anyway, I got in at 10 cents a share and was mostly divested by the time its share price doubled months later.
|Some of my comments from 2009.|
Unfortunately, HMC had troubles later on and the last time I looked at it, its PE ratio was 100x or more.
I still have a very small position in HMC made up of scrip dividends collected over the years. Free of cost to me and mostly forgotten, the shares are not worth very much today…Read the full article →