My first 10-bagger as a young broker was Broadvision (BVSN). I haven't looked at this stock for a long time, maybe years, and it's in the news because of the spike in volume over the last couple of days. The stock was a highflier during bubble 1.0, crashed, did a 1:25 split and has now doubled since October 2011.
I had discovered the company reading some tech rags like Red Herring, made some calls, established a line of communication with them and started to build a position. I still remember the day that their PR kits came in a box shoddily taped together as if to say "we've got better things to do than send these to this guy". That's when I knew that I had a good one and I still have one of those kits today.
Ahh, good times. As for the stock today? I wouldn't touch it, momentum or not, 'cause the fundamentals are shit but it still captivates me every time I see that name.
Thursday, January 19, 2012
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