Message Boards on Small Caps

The Ten Commandments of Message Boards

Are the message boards for small caps valuable? The answer is absolutely? However, it is imperative that you manage your time effectively. Otherwise, you'll find yourself without a job.

Here are my rules regarding message boards.

1. I completely ignore all stock price predictions. My predictions are as good as theirs.

2. I completely ignore any references to charts. You can't chart illiquid or very volatile low priced stocks.

3. I completely ignore people that bash other posters. If you have the time to do that, you're either a child or you have no money.

4. I completely ignore all people that post messages such as "Big News is Coming". I question the wisdom of anyone who posts something of that nature on a public message board.

5. I completely ignore the people that can't spell. Spelling isn't related to investment knowledge but I'll take my chances on my intuition.

6. I completely ignore anyone that posts more than 3 messages in a given day. Get a job!!!!

6. I pay close attention to anyone that says that they spoke to the CEO or CFO. Then, I call the CEO. I love to invest in stocks of small cap companies in which the CEO is willing to talk to shareholders.

7. I pay close attention to anyone that references the technology or science that seems to know what they're talking about. Of course, trust but verify.

8. I pay close attention to anyone that tells me something that I don't want to hear but may save me money. I'm not always right.

9. I pay close attention to anyone that references any scientific or technological sources away from that message board that directly pertain to my investment. It tells me that they're really doing they're homework.

10. Most importantly, trust but verify.