Friday, October 31, 2014 2:17:11 PM
The SEC has a page devoted to how to spot microcap fraud.
Watch out for these “Red Flags” when investing in Microcap Stock:
Unusual Auditing Issues
Insiders Own Large Amounts of Stock
Odd Items in the Footnotes of Financial Statements
Assets are Large but Revenues are Small
Spam
SEC Trading Suspensions
http://www.sec.gov/spotlight/microcap-fraud.shtml
Never buy or sell based on anything I post - MY POSTS ARE ALWAYS JUST MY OPINION, regardless whether I include that in my post or not. I am not a financial advisor and anything I post should be considered only my opinion at that time.
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