It probably doesn't happen very often - an investment thesis playing out exactly as planned. In fact, some advisors propose an investor's exit strategy is more important than their entrance strategy. Ironically though, most investors are probably not nearly as willing to admit when an investment thesis is not playing out as planned.
Such is the case for my investment club's thesis regarding Psychemedics (PMD). It's not going exactly as planned.
We invested in Psychemedics just six months ago in October 2018. My anti-pharma, anti-alcohol, and anti-tobacco investment club was discussing an investment