...Back then I focused on IPOs which was a built-in base of new companies going public, most of which were small enterprises also known as emerging growth companies. New ideas were few and far between so finding good new ideas was difficult and tracking them even harder. Over time, the amount of MicroCap companies has grown exponentially, which makes selecting and discovering winning new ideas even more difficult. However, there are many tools available today from stock screeners to research and newsletters to MicroCap conferences.
My system for finding news ideas is tried and true. I revert back to old school identifying a problem and finding the solution. In some cases, the problem could be so new that a solution is yet to be developed, but searching for that first mover or company in the space is essential to identifying and recognizing an opportunity early for potential huge upside.
Obviously, billions have been made by investors with more than a good nose or lucky streak, and billions have been lost by investors buying story stocks or being misguided by false information or misleading details.
I remember the month’s right after 9/11 when the world as we knew it changed forever. The fervor created for security, detection, first responding, civil defense, airport defense, life saving equipment and communications was in hyper overdrive looking for answers and solutions. The outcome of these dire circumstances created new industries and an enormous amount of startups, and ultimately MicroCap public companies.
I used to tell others back in the day to simply open their refrigerator or watch TV commercials for investment ideas, but the markets have come a long way from that, however, it doesn’t hurt to pay attention. Your next new investing idea may be right in front of your face, and you don’t know it yet. In the meantime, pay attention to the news, what you’re consuming on a daily basis, and all your surroundings for that matter. Opportunity is abound.
© 2017 Stock News Now
Supported by Superior Web Solutions