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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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Manucastle
To: kidl who wrote (38065)8/14/2015 6:01:45 PM
From: WorthaDeeperLook1 Recommendation  Read Replies (2) of 49402
 
I hold 10x the average daily volume (last 30 days) in Ackroo.

It's stupid unless you do extensive due diligence on the company (and/or small % of your pf). The kind of DD you would do if you were to invest in a private venture without any liquidity... Are investors in private companies stupid? I don't think so. They don't have to deal with the daily fluctuations in perceived value of their investment which is a great thing imo.

I feel very comfortable holding my AKR shares. The warrants overhang will be gone in 5 months and my investment horizon is much longer than that. Worst case, they get bought out by a larger competitor like Givex or even a smaller one like DataCandy (4,000 locations).
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