SMRT

I bought 15,000 shares of SMRT in 2014 at around 1.07 a share.

Why i bought SMRT?

I know it will never fall even though it was rattled with lots of complaints due to the frequent breakdowns.

Because of that, its stocks plummetted.

The price of 1.07 was one of the lowest prices that SMRT has dropped to before.

I knew it is a recession proof stock because people has to take the mrt to work/school regardless good times or bad times.

I did not consider too much because it was not a good dividend paying stock. I bought it purely because it had the potential to move upward.

Sold all my stock in Feb 2016 @ S$1.625.

As i wrote this, SMRT had already been privatised and delisted.

Sharing this piece to show how my strategy would change if I saw an opportunity.