Wednesday, April 1, 2009

SPRING FLING 2009: THE REAL ECONOMIST SEES POTENTIAL RALLY FOR MICRO CAPS

* TECHNICALS SHOW POSSIBILITY FOR SIGNIFICANT RALLIES IN SOME MICRO CAPS
Many micro caps have suffered from the global recession. Some more than others. Some have continued to show a profit in the midst of it. With GVSS, as an example, I am sure that some other micro caps could be found that have shown resistance to these bad times. They could be simple companies that have conservative management and that don't have creative financing.
Why a spring fling in 2009? The markets have tumbled significantly in the last 6 months. People have panicked and they unloaded their positions. Some companies have been wiped out. But some, even though they have been oversold, are lurking for potential action. In the case of GVSS, its initial investor has declared that he has increased his overall position in the company from less than 10 percent to more than 12 percent. The market liked the news better than other press releases of the last two weeks. I personally like to see profits and increasing book value because that is the signal that something or somebody could make the stock move in the positive direction. I am also against creative financing. I rather see the serious banks getting involved with credit lines. This spring is positioning itself in similarity to the spring of 1996. Back in 1996, we had mega rallies for many micro caps. We had significant moves in a short amount of time.

No comments:

Post a Comment

FOR MORE INFO GO TO:

http://www.nasdaq.com/

PRIVACY RULES DISCLOSURE

Google offers a range of advertising services through our AdWords and AdSense programs to show you the most useful and relevant ads online. These ads appear on Google’s sites and services, and on partner websites in the Google content network. Some ads are based primarily on your search queries or on the content of the page you’re viewing. When providing ads tailored to your interests, we offer useful tools for you to view and manage the information that is being collected and used to serve ads. To protect your privacy, we follow three principles when we serve ads:
Transparency – We provide detailed information about our advertising policies and practices.
Choice – We offer innovative ways to view, manage and opt out of advertising cookies.
No personally identifying information – We don’t collect or serve ads based on personally identifying information without your permission.
The Google Privacy Policy describes how we treat personal information in Google’s products and services, including information provided when using or interacting with our advertising services. In addition, the Privacy Policy for Google ads and the Google content network and the specific privacy notices for Google services describe our privacy practices relating to our advertising services. Google also offers display advertising services through DoubleClick. For more information, see our privacy practices related to DoubleClick advertising products. And to learn more about YouTube’s approach to advertising, see YouTube Advertising and You.
Advertising Cookie Opt-out
Google uses cookies to improve your online experience, including the display of more relevant ads. Learn more about how Google uses advertising cookies.
Anyone may opt out of the DoubleClick cookie (for AdSense partner sites, DoubleClick ad serving, and certain Google services using the DoubleClick cookie) at any time by clicking the button above. Google also offers a number of options to permanently save your opt-out settings in your browser. In addition, Google allows third party advertisers to serve ads on the Google content network. Using a tool created by the Network Advertising Initiative, you can opt out of several third party ad servers’ and networks’ cookies simultaneously. (Google also uses cookies for Google Analytics and conversion tracking.)