By Marc Robins

This is the final chapter in a four part series entitled The Emerging Era of MicroCaps. You can view the previous three parts here: [Part 1] [Part 2] [Part 3].

“We Lose the Winners, and Gain the Losers”

One of the great things about my publication, The Red Chip Review, between 1993 and 2002 was the talented creative and editorial team. This incredible group of professionals originated financial by-lines, ad headings, whole advertisements and logos (like, We Discover Tomorrow’s Blue Chips Today or Like ‘Insider Information’ Without All that Unpleasant Jail Time) better than many of the nation’s magazines and ad agencies. One of my favorites, not because it was so very clever, was “We Lose the Winners and Gain the Losers”. For those that haven’t figured it out, this relates to how successful small- and micro-cap stocks that work, move up in the capitulation strata and out of the micro-cap realm. It means that discoveries that were made in the $20 million to $100 million market cap range that work, eventually rise in price and market cap until they are bounced out of the micro-cap classification. Top of mind examples that I was involved in include Precision Castparts, Nike, Costco, Expeditors International, Celgene, Medicis, etc. Those that don’t do so well…typically major big cap names that have plopped-out due to technology changes or poor management, like Kodak, couple of major banks back in the past decade, an auto company or two, and multiple others…fall from vaulted valuations down into our realm. Read More …

By Marc Robins

For those of you suffered through [Part 1] and [Part 2], congratulations! Only two more parts remain. Three times I’ve started this article, trying to wrap-up the series on the New Era of Micro-caps. Given the verbal constipation, one would think I might be having difficulty expressing a concluding thesis. Nyet! My troubles have to do with holiday cheer (or too much of it!), technology breakdowns (“Thumb-drives” {especially the free ones handed out at various conferences that look like they’re ‘info-vaults’} are not to be depended upon. They rank right up there with technological abortions like MS Software, the Hindenburg, 8-track stereo, the Yugo, and cold-fusion.)  Twice, I had made really good progress on Part 3 and TWICE, the “dumb-drives” I was using for storage experienced malfunctions. In other words, the documents were “Lost in Space”. Read More …