MCEM - Monarch Cement: Not Cheap Enough
Hidden gems in the stock market are quite the allure for many investors. However, finding gems in the stock market by using simple surface-level financial statement analysis is much harder nowadays. Because of this, investors may be tempted to look into the "over the counter" or OTC markets to find bargains. Yet, precaution should be taken when investing in OTC stocks to account for the additional risk. I believe Monarch Cement (MCEM) is a decent company, but due to the additional risks of being an OTC stock, it is not for me.
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