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Microcap & Penny Stocks : Brisio Innovations Inc. -- Ignore unavailable to you. Want to Upgrade?


To: pinchednerve who wrote (1842)12/13/2015 11:56:50 AM
From: ayeyouRespond to of 1952
 
"a market that has changed quite a bit from a year ago. "

That statement is exactly why I find it mandatory to keep total control over and close watch on all of my holdings. The market has indeed changed dramatically over the past 12 to 18 months and only by changing with it have I been able to not only survive but at least to small degree thrive within it.
18 months ago my portfolio was made up of probably 85% resource plays and 15% micro caps.In early spring of 2015 I set about to change that when I began to notice that good news releases from resource plays were being met with complete indifference. There was no positive movement in share price after the good news or if there was it was a little one or two day spike in price and then drop right back down or even lower then it was. Once that began happening it was clear that the risk/reward ratio in resource plays had changed dramatically and no longer made sense to participate in.
I sold every resource play I had including the good ones like CRJ and ICG and MXI , but I took my time doing it and got out virtually unscathed and with some profits accrued from a nice round of tax loss buying in Dec 2014 .
I have since moved into value microcaps and after a couple or three months of thinking they were all great plays compared to resource stocks I have now set a very strict list of requirements that these microcap plays must meet. The requirements really shrink the field of possible investments but one only wants to invest in the best companies which offer the best chance of a nice return on your investment. I have had a few good ones go on little tears on great quarterlies or big order announcements. Some I sold at the peak of the runs , some I held some of after taking a profit and some I continue to hold every share I have bought even though I am sitting on a double on it now.
Adapting to market changes , staying closely in touch with what is happening with the companies I am invested in and not being afraid to take a profit have my portfolio up 37% this year. Considering the complete carnage and what seems like total public disdain of the TSX-V I am very happy with that. If things dont change on the TSX-V though I may have to make my next adaptation to the markets and pull out of the venture in favor of the big board. For now though I am able to find the risk /reward ratio on select companies on the TSX-V that keep me interested and that warrant my investment dollars.
Good luck out there , it's a dogfight for sure so stay nimble...LOL