Winter Time Intermission
by Bradley Voight on 01/06/14I have at least $250 worth of scrap but collection of new scrap has slowed to a trickle due to the harsh winter we are having in Indy. I will be adding that $250 to the account in the next few days to make it an even $500 invested. I will be adding three new stocks over the next few weeks as I see that market sentiment has changed for the worse to start the new year. I am hoping to find some bargains on some young companies. The theme of the Smalltime Model Portfolio is stocks under $5 per share. Keep in mind that knowing the number of shares of each company is CRITICAL to undertanding whether the price is cheap or not relative to the companies earnings. I like stocks under $5 based on the prospect of future earnings growth. Most of the companies I am choosing are either turnaround companies or new companies in new technology fields such as pharma, biofuels, hydrogen fuel cells, wind power, and wireless tech, LED lighting and additive manufacturing (3D printing) to name just a few. Some companies on my radar now include MY, AMRS, FCEL, ATRS, MEA