After reading a post from Sea Change regarding having "the edge" to buy drastically under market value I thought that there isnt enough people here sharing their succcess stories for others on the forum. It doesnt matter how big or small the acheivement, as long as you gained personal satisfaction from it and it was a positive step in the right direction towards financial freedom. I'll start the ball rolling. I took my $8000 in the bank and transfered it over to a home share trading account I started and then bought 9500 shares in Stuart Petroleum for $0.82 each. These appreciated to $1.03 each which I sold 4500 of the shares at. This equated to about a 25% return. I made roughly $2000 out of the trade and am very pleased. I know its only $2000, but its probably more than I made out of my day job during that period of time and it was a positive experience. Now for you guys.......im particually interested in hearing the stories of those elusive 3 forumites who apparently have bought 30-50% under market value and how they found and negotiated such excellent deals.
By the way, the longer the success story and the more detail in it, the better
By the way, the longer the success story and the more detail in it, the better