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…