EQUITYOPPORTUNITY

Thursday, January 23, 2025

Live Streak : Two Japanese Scorers in a Row 🉑!!! {23rd Jan '25}

  Today, Tokai Senko 東海染工, a late June '24  speculative purchase that unfortunately plunged together with the rest of the Japanese equity market after the August 5th crash, bottoming at almost -20% at its October 30th low from my entry, became the 3rd🎌 scorer this year & in the same number of days!            

  The day before, I was scanning several potential targets there before almost randomly stumbling onto the stock while looking for parts of my portfolio to take profit on, shocked that it was trading above ¥900! After calculating whether there would still be a net profit from selling only a hundred of my original purchase 7 months ago, I decided to take that profit, a little over M$100, just 10 minutes before the Tokyo close, on the 74th 🎌 winner since July 2017, to realize another record in the undying, cherished run of trading income:



    This was a stock that I almost bought above ¥1,500 back in early 2018 based on a potential ramp bolstered by deep undervaluation. Fortunately, the buy queue wasn't executed!


  


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