One of the investment strategies is diversification. I currently diversify with four stocks over four different sectors in the demo account which is used to show and measure how many years to get to a million dollars from the initial principle of $15,000. This demo started two and a half years ago. The sectors I am currently following are Oil, Natural Gas, Ocean Construction, and Broadcast.
I chose the best one potential upside company because it was predicted to perform better than any other corporation in the same sector. For the oil sector, BDCO (Blue Delphine Energy Company) stock was picked. It caught my attention initially based on its chart and started accumulating since Oct 2021. Before purchasing the stock, I studied thoroughly most of the major oil, oil refineries, and oil-related companies such as Exxon Mobil, Conoco Phillips, Chevron, Phillips 66, etc. However, I picked none of the big or mega-cap companies because the upside potential is lower than micro-cap companies. I couldn't care less about the risk of losing because I knew that it would eventually find its equilibrium and increase its value to provide me with a better return sooner or later. The chance of bankruptcy was slim after studying. Regardless of all the variables, the key determining factor was the time, BDCO was about to go up.
According to Wall Street or any other brokerage (E-Trade) analysis, my stock selection is very aggressive and high-risk.
BDCO performed amazingly well quickly since I started accumulating at $0.26 in October 2021, and hit $8.83 in July 2023. I sold some at $8.00 in July 2023 because that was an obvious whipsaw and waited for the correction to happen (BDCO Sold Tremendous Return From $0.26-$8.00).
<Hitting The $8.83>
As predicted, the correction took place and went down quite a bit, which was painful to watch because it corrected more than 65% from $8.83 down to $3.11. At the same time, it was an incredible opportunity to buy more, so I did, I accumulated more around $4.00, and increased the shares.
<Buying more at around $4.00 during the correction>
It took almost a year to get back to where it was. On this date 5/4/2024, the BDCO is quoted at $7.23.
<All the stock predictions and results are recorded in the previous blogs>
October 2021 / Oil Trust Me
October 2021/ BDCO Stock Prediction Made October 2021
July 31, 2022 / Rallies Predicted On Oil Stocks Between Aug To Dec 2022
October 28, 2022/ BDCO Prediction Daily/Weekly Scale In Oct 2022 and Become A Market Maker
January 2023/ BDCO Prediction On Breakout 1st Q 2023
January 2023/ BDCO 4th Rank In OTC 2022
February 2023/ BDCO Prediction On Breakout 1st Q 2023 #2
April 2023/ BDCO Prediction On Bull 4/12/2023
May 2023/ 1500% Return Over A Year On Meticulous Analysis, Plan and Execution
August 2023/Here Is a Deal, My Client Walk Away With $64,000
October 7, 2023/ BDCO Sold Tremendous Return From $0.26-$8.00
January 19, 2024/ BDCO 23rd Ranked In OTCQX Best 50