Position opened: First purchase on January 01 2017, total average cost of $0.230 CAD
Position closed: Last sale on February 13 2018, total average proceeds of $0.645 CAD
Hold period: 1.07 years
Rates of return: 180% (simple) and 160.9% (annualized)
The old saying goes something like “you never go broke selling too early”, and it’s true. Unfortunately, for those of you familiar with Pyrogenesis, you’ll know that while selling too early might not bankrupt you, it can hurt nonetheless. This was perhaps my most painful “successful” investment, as had I been paying better attention (and not distracted by the COVID sideshow), I might have actually made a bit more – a lot more. In any case, sometimes I wistfully look out into my driveway at the non-existent European sports car that might have been….