After a negative October, the month of November was slightly positive for the broader markets. The S&P 500 gained 0.2% in November. The iShares Russell MicroCap Index (IWC) was up slightly, gaining 0.1% for the month. Below is a summary of companies discussed on MicroCapClub showing outstanding share price appreciation (greater than 10%). The companies are listed in descending order of performance for the month of November. Read More …
-
MicroCapClub Company Performance Analysis: November 2012
Posted November 30, 2012 By Ian Cassel in Blog, MicroCapClub Monthly Performance With | No Comments
-
MicroCapClub Radio Program Episode 17
Posted November 27, 2012 By Ian Cassel in Blog, Broadcasts, Radio With | 3 Comments
Chris Lahiji, Founder of LD Micro, joins me on the program to tell us about his upcoming microcap conference. Chris puts on what I believe is the best microcap conference of the year in a couple weeks December 5-6 in LA. This year over 140 microcap companies will be presenting, so it will be a very busy couple of days. During the radio program we talk about the event, how the conference has evolved, some of the interesting companies presenting, and how he almost rented a Yak for the event. Companies mentioned: Inuvo (INUV), RoomLinX (RMLX), Joe’s Jeans (JOEZ), GSV Capital (GSVC), Auxilio (AUXO), DDD Group PLC (DDD.L), Mongolia Growth Group (MNGGF), ZAGG (ZAGG), Mitek (MITK), and Axesstel (AXST). Read More …
-
The FINRA OTCBB Mass Exodus Continues
Posted November 25, 2012 By Ian Cassel in Blog With | No Comments
Most sub $2.00 microcaps trade on either the FINRA OTCBB or the OTC Markets. You can listen to my interview with OTC Markets (OTCM) CEO, Cromwell Coulson [HERE]. Earlier this month FINRA announced that they have scrapped a deal to sell the OTCBB to Rodman & Renshaw (now Direct Markets), most likely due to Direct Markets exiting the brokerage business. So it looks like FINRA will continue to operate the OTCBB, although in another year there might not be many issuers left. Over the last 12 months there has been a mass exodus of companies from the FINRA OTCBB to the OTC Markets. The reason for this is simple, the OTCBB is the past, and the OTC Markets is the future which you can hear for yourself during the interview. Nothing illustrates the FINRA OTCBB exodus better then the statistics below: Read More …
-
Book Review: The Life and Times of America’s Banana King
Posted November 21, 2012 By Ian Cassel in Blog, Book Reviews With | 1 Comment
This book is about the life of Samuel Zemurray, the Banana King. You know the phrase, “Banana Republic”, well Sam invented it. Let me first say that I’m embarrassed to say I’ve never heard of the man before reading the book, and yet his business accomplishments rank right up there with the greats. When you look back at the turn of the 19th century, these were the years of the business titans. Rockefeller with Oil, Carnegie with Steel, JP Morgan with Electricity, Ford with Automobiles, Vanderbilt with Railroads, and Sam Zemurray with Bananas. Read More …
-
NXT Energy Solutions: A Breakthrough In Early Stage Oil Exploration
Posted November 18, 2012 By Ian Cassel in Blog, Companies Mentioned With | No Comments
In the opening pages of the most recent edition of The Journal of Petrotech, the Chairman and Managing Director of ONGC, India’s National Oil Company with revenues of $30 billion, extolled the virtues of technology to his industry. In particular he highlighted three companies with “savvy pioneers placing huge bets hinged on disruptive technology that have found crucial support from established industry players.”
The first company mentioned was NXT Energy Solutions who he states:
“…claim to raise the success of first – pass prospecting for trapped hydrocarbon reserves underground by up to 70% by deploying their unique ‘Stress Field Detection Surveys’. Pioneering companies such as Ecopetrol and Pacific Rubiales have already adopted it .”
Members of the MicroCapClub were already familiar with the company. NXT was one of the early write‑ups on the site and an active discussion has followed on our forum. Today we will highlight the company on the main blog. Read More …
