Reserve your free spot at Black Market X 👉 [ ]
This 3-cent stock fell over 80%, and it became my most expensive investment ever.
Close to 30 years ago, I bought 300,000 shares of L&M Holdings at 3 cents each. It looked too cheap to lose money on, so I kept buying as it fell. Then the company went insolvent, and I lost the entire $30,000 I had invested.
The lesson: a share price tells you how far a stock has fallen, not what the business is worth. So if your stocks are down 30%, 50% or more, should you hold, sell or buy more? Your answer should come from valuing the business, not from how far the price has dropped.
I’ll show you how to value a stock and audit your portfolio at Black Market X, our biggest investing and trading event of the decade. Join Alson Chew, Bang Pham Van and me across 10 free live sessions on investing, options and price action. Every session you attend unlocks an exclusive X-File of frameworks, checklists or tools.
📅 Live online: 21 Nov to 2 Dec 2026 (SGT) | 20 Nov to 2 Dec 2026 (PT)
Register free now 👉 [ ]
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