It has been eleven months since we started with our first LOTM stock picks. We have seen the doubles slowdown from the first six months, but we are quite pleased with the returns. Our enthusiasm for the end of 2021 is quite strong however we do believe ‘the market” will see a correction between now and a strong year end rally. Actually, we don’t focus much on “the market,” other than noting that it is extended and losing internal momentum. We are buyers of companies first and use market declines as an opportunity to add to positions in our core holding.
Below is one of out actual accounts performance over the past year. We will likely not see a year like this again so we have to share it while we can. We will not stop at looking for ideas that hold five to ten fold price rises. We will go day to day & month to month. The last eleven months does seem like forever – that is the level of our intensity and focus – but it has only been eleven months.
ZTA performance as measured by eTrade is up 555% in the last twelve months.
Click green button for ‘ZTA Valuation Download” at this site.
ACTIVITY Last week:
- Recon Africa (RECAF) we sold 1/3 of the position in Recon last week at $9.30 per share from a coat of $0.53.
We expect the shares to be volatile, so decided to lock in a third of the position.
UPCOMING Transactions:
- We expect the precious metals to rally soon as the US Dollar is declining a bit. We will sell two positions in the Ten Under $10 They are both Precious metal companies Great Panther (GPL) and Sandstorm (SAND). There are good companies’, but we have others we will buy in the coming week.
- One company we will add is Kinross Gold (KGC) $6.44. The share price is down because 1) gold has sold down, again, and 2) there was a fire that will disable production for about six months. The ire is not a big deal. No one was hurt. The production could be on-line faster than six weeks if that was the only repair. KGC will rebuild the damaged facility better and bigger so it will take more time than just a repair. We like when companies turn a problem into a benefit. KGC is a top ten in the world precious metal miner and too cheap on a twelve-month hold basis. We do believe it has potential for a double or more in the next twelve months from the current price.
- We plan to add additional companies to the list in the near future, but for full disclosure, we are accumulation our own positions and don’t want to influence the price by sharing at this time. When our accumulation is completed, and if the prices are still in the “potential” area, we will add them to the list. Some of these are sub-$1.00 stocks and thin traders. If the prices rise before we have completed our process, we will not share the names.
LOTM Research & Consulting Service
Where Value meets Buy Signals!
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Neither LOTM nor Tom Linzmeier is a Registered Investment Advisor.
Please refer to our web site for full disclosure at www.LivingOffTheMarket.com ZTA Capital Group, Inc.
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