MicroCap Stock Investing - Need info on some good sites

[Veekay]

I am interested in Microcap stock investing/trading. Can anyone recommend good services/sites/newsletters for this? Please let me know the resource name/url and please share how your experience has been.

[M13]

I don't recommend trading penny stocks. Your better off buying 1 share of a good company at 30-150 dollars a share than to buy hundrends of shares of some fly by night company. Don't buy anything under $10.

[jimbos123456]

You should really learn about fundamentals before trying that. Fundamentals combined with, technical analysis, and remote viewing is probably the best way to make money. Generally the best advice is given out by libertarian, contrarian, austrian economics newsletter advisors. Don't just rely on technical analysis without fundamentals or you are going to lose a lot of money . The problem with investment strategies is they generally become useless when everyone is using them. So you'll probably want to develop your own style, and become successful with it and not share it with everyone. An example of technical analysis failing would be bear sterns. It may seem fine on a technical analysis chart, but fundamentally it was worthless because of the derivatives and it went belly up in a few days. Generally mainstream cnbc pundits and the like are a fine example of bad advice, and what not to do. I've never seen a contrarian investor that could consciously remote view, but they are still in touch with their intuition their higher self subconsciously and they use it successfully with fundamentals, and technical analysis.

Be careful with technical analysis though, because the charts are often "painted" so you would probably need your own private proprietary indicators and systems. Mainstream technical analysis is more of a self fulfilling prophecy, and a prediction of what everyone else is seeing so make your own system. This commodities bull market I decided to stay out of stocks, and acted purely on the fundamentals. I bought bullion at the very bottom at $5.15 an ounce so I am pretty much not concerned with the day to day moves, because I bought at the very bottom. However next bull market I can't wait for commodities to top out and to buy equities and real estate as they get hammered hard in the next few years, and bottom! =). Then I can try out some of the more advanced strategies next bull market.

[Veekay]

Thanks Jimbo. Earlier I used to rely a lot on Technical Analysis and the mainstream indicators. However I learnt very quickly during the 2001 downturn that I will have to focus on fundamentals as well. Then I read 'A Random Walk down Wall Street' that influenced me a lot. With respect to my own system - I am developing my own system (screens). For this I utilize the VectorVest software. However I am wanting a service that is research based that will help bring potentially good companies that are undiscovered. For example I have no exposure and experience in evaulating biotech companies or companies with other advance technologies. A research service will help me overcome that shortcoming.

To your point if there is such a stock recommended by a service then it will be public knowledge but then the set will be limited to only the subscribers.

You seem to be a succesful investor/trader. Does your 'system' utilize both fundamental/technical inputs? I am not asking you to reveal your 'secret' but guide me to the right direction as I am developing my screens by hit and trial.

Thanks