News - Archive
MicroCapClub – December, 2013
Thirty years ago a microcap was defined as a public company with market cap under $50 million. Today, many investors define micro-cap as less than $300 million, while some leading firms increase that threshold to $750 million. Is Micro-cap Getting Too Big takes an in-depth look at this transformation and what it means for microcap investors. Micro-cap funds (and their definition of micro-cap) are getting bigger, but not surprisingly the most pricing-inefficiencies are shown to be found in the smallest companies. The Ultra MicroCap Fund is highlighted as remaining true to the space, confirmed by it having the smallest market capitalization of all domestic equity funds according to Morningstar as of 12/31/13
The MicroCapClub is an exclusive forum for experienced microcap investors focused on microcap companies (sub $300m market cap). MicroCapClub was created to be a platform for experienced micro-cap investors to share and discuss stock ideas.