Value Microcaps Motherboard

[10 bagger]

Doom and Gloom..

Hey Guys.. Sure it was a bad couple of days but it's close to end of the pain... The next round will be more like dripping rain and the bites out of your portfolios will be short lived.. Some stocks will have delayed openings as if they had press releases with earnings down 50%.. The more they were up the further they will fall but the rebound of those with good DD could be even quicker...Tripple witching is Friday and that will help the climax if it occurs much faster.. Then we will have the lull after the storm and that is when money must be deployed.. That lull could be within days but a period of weeks is more likely... Stocks will rotate in narrow ranges and the stocks with the smallest volumes will be the best place to hide...

Small Banks that I follow and post on Hank's Small banks are actually up since last friday and were down less than $1000.00 on a $580K Portfolio last week.. As I have said before,,,If it grows at over 25% and returns over 15% on stockholders equity,, It does'nt matter what you call it if it trades at less than market PE's or PEG's below ONE.. You Gotta own them in shakey markets..

If you are to discard positions only do so in the most liquid of each and your DD and the DD others will carry the many small float positions because of value bids and lack of flippers or IBD buyers... Stocks that can not be margined are better holds in down markets because they tend to be held by investors,, rather than traders...

VMC's that have proper DD will have floors and will not be discarded with other margin call type positions... Stay away from IBD type stocks...

Yes it's going to get tough,, but the collective worth of this board will get us all through.. For those that are in Metals your resolve and keeping your powder dry will get you through... The Doom and Gloom's will have thier day to shine but as usual they will miss out on what might be the last buying Opp of the next bull market.. They will tell you though that this is the last chance you have to sell.. Who ever is right is not as important as doing DD that insures that you are holding worthwile positions thru the weeks ahead..

The Ngas index that I keep today made a new low and has given back all Gains made since last October... Oil now sells at a ratio of 14X the price of Ngas and I believe that since the stocks in my index have had gains of over 20% in earnings the usual 6X ratio of oil to Ngas is totally out of whack.. Ngas stocks should be BOUGHT..

Oil Service stocks and Small Banks should also be bought...They are far too cheap if the right ones are picked...

Good Luck in the next few weeks as I think we all will need a little bit of it and a lot of good DD to hang on to gains that we have made so far this year...

The rest of what I own is Down over 10% since Thursday of last week and I think another 10% is possible on markdowns...hank