Yesterday, I mentioned that My Money Blog reviewed Fat Pitch Financials Contributor’s Corner. Today, I noticed that Ricemutt at Experiments in Finance also shared her experience with Fat Pitch Financials Contributor’s Corner this past week on her blog. I apologize to Ricemutt for not noticing her review sooner. I’ve been a bit behind on my reading due to a major project I’ve been working on (which I’m revealing real soon).
Ricemutt signed up as a paying member of Fat Pitch Financials Contributor’s Corner a few months ago and asked me if she could write about her experience. I agreed and she posted an article detailing her first ever special situation investment (Advanced Nutraceuticals) based on information posted in Contributor’s Corner. This past Thursday Ricemutt posted the results of her experiment. I’m happy and proud to report that Fat Pitch Financials Contributor’s Corner helped Ricemutt earn $259.51, a 14.9% gain. She calculated that her investment had an annualized return of 176.4% (APY).
In contrast to My Money Blog’s experience, Experiments in Finance reports:
I like that with ANII, I didn’t have to do anything additional after I purchased the shares. Overall, this was a very hands-off, easy transaction. Unfortunately, easy gains like this one aren’t always around, but I certainly like the opportunity to have some extra cash via a good value investment whenever possible!
I too like these going private transactions for the same reasons. These relatively low risk opportunities provide a great option to put cash to work while you wait for the next fat pitch. You can find these going private transactions and other special situation opportunities by joining Fat Pitch Financials Contributor’s Corner.