Incredible Streak : 🎌TWO🎌 in a Row with #28 Econach エコナックa Day after #19 Tobishima 飛島 ! { 28th Mar '25 }

    The old Nippon Lace , which almost went bust in the '90s and then in the '00s gets partially sold again on the ex-dividend day, its first payout since 1969 ! I had harbored a desire to earn from this stock ever since learning about it obliquely via the book ' Unequal Equities' which I purchased on eBay in 2017, partly due to a mysterious attraction to its name. 

    When I finally pulled the trigger last July, it was almost entirely speculative as the company hadn't paid a dividend in ages & looked very unlikely to do so in the foreseeable future! Tricked by what seemed to be an upside breakout, I bought in less than 3 ticks from its peak that month & within a month, it tumbled to ¥90 with the broader market suffering its worst sell-off since 1987 in August 2024! Then, a chance to escape was missed because of the evanescence of its intraday pop to ¥151 on 8th Nov. However, the good results released that previous day was a sign of better things to come & so an excellent quarterly report at the end of Feb '25 spurred a more robust jump to ¥183, the highest allowable price on the the 26th of that month, furnishing the perfect excuse to pare my holdings from 1,200 to 800.

   And so, a most improbable win manifests from the vortex at least a couple of years into the gestation period, making it two consecutive🎌 wins & 1,198 points in the combined score!!!