The Nooner

[Smalls]

Thanks Poem. My style is trying to find legitimate operating companies that are currently way undervalued and are hitting a point in their growth development where pps is starting to catch up to company value.

BLDW is my most current find. It's a low floater, 12 million, that doesn't have a lot of debt. They are currently working on closing a merger and haven't had any big source of revenues until recently. As of this past Tuesday the company released a PR that stated the completion of two installed and tested wind generators for Roberts Development, (http://www.robdevelops.com/home/) no small company and are moving forward with contracts for future wind generators for existing properties and a new 30 building development they are breaking ground on. All this company was waiting on was revenues and here they are.

APII has been a strong contender for awhile now. They announced an acquisition with Core Wafer the end of last year which has added tremendous value to the company. Some shareholders are estimating the new market cap post acquisition is estimated to put the pps around $1.00 and believe the share price will hit these levels by sometime in late 2012.

I'm not a fan of pump and dumps at all. To be honest I think the micro cap market is flooded with them and the risk of losing money in them is way to great compared to the payoff. Pink and penny stocks have gotten a bad rep the last decade or two but as any Buffet follower knows if you know what you're looking for you can find hidden (legitimate operating) gems that are undervalued and risk is minimal compared to pump and dumps.