How to connect with Dan Schum
- Follow his work on Twitter: @NoNameStocks
- Dan Schum’s Website:
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Twitter Handle: @TreyHenninger
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You can find out more information by listening to episode 11 of this podcast.
Show Outline
Part 1: Dan Schum’s Investing Process
- Large diversification 30-60+ stocks
- Buy “NoNameStocks” that no one else has heard about
- Target characteristics:
- Left for dead companies
- Often unprofitable
- Dark or Deregistered from the SEC
- A long-term chart that shows abandonment by investors
Part 2: Example Stocks
- HemaCare Corporation $HEMA – Dan’s 100 bagger in 4.5 years (From $0.25 to $25.40 buyout on the podcast recording date of 12/16/2019)
- Clancey Systems International $CLSI – A wild ride on a shell company with no assets leading to a 1000% gain in a few months
- Dewey Electronics $DEWY – A company that just won’t die, but with hidden real estate assets worth more than the market cap.