InvestorsHub Logo
Followers 3
Posts 43
Boards Moderated 0
Alias Born 04/24/2008

Re: RichiRich post# 68175

Wednesday, 07/02/2008 4:04:11 PM

Wednesday, July 02, 2008 4:04:11 PM

Post# of 95064
You know, it is fun playing the game but at the end of the day, there are real opportunities in the micro cap space and every so often, you can find one. We had a broker call recently about a micro cap and pitched us that there were only 40 million shares outstanding and based on that the price was a little cheap. The volume was a little low but we pulled some of the filings and found that there was really 140 million shares out between a convert and options issued to management. The broker didn't get it because he never looked. I read a great book years ago about Jesse Livermore it was titled (I think) "Reminiscences of a Stock Operator". Heck of a book and so relevant to buying stocks.