On Sept 2nd, 2011 we started the Micro Cap Club Stock Pickers Contest. The MicroCapClub Stock Pickers Contest is a long only, buy and hold only, contest. The contest was created to identify who the best micro cap stock pickers are over the course of time. Almost anyone can manipulate a stock in the short term to get a quick gain. Heck most of the penny stock guru writers with a subscription base do it all the time. This contest is aimed to take out the short term component (ie: manipulation component) since time is the great equalizer. Doing well in this contest is a function of macro intelligence + micro intelligence + luck.
Each participant picked five micro cap stocks each with the winner having the highest cumulative portfolio return. The contest would be evaluated on 6 month, 12 month, 18 month, and 24 month performance. We announced round 1 results (6 month results) this week. I would compare this to the first quarter of the Super Bowl. Honolulu Trader has a huge lead after the first quarter, so lets see if he can hang on to it.
The MicroCapClub (mc2) is an exclusive micro cap forum focused on micro cap companies (sub $500m market cap). The MicroCapClub was created and founded by Ian Cassel as a way to share ideas and to learn from other seasoned like-minded micro cap investors. Our goal at MicroCapClub.com is quality membership and quality stock ideas. If you are an experienced micro cap investor, feel free to Apply today.