Canada’s Next Billion Dollar Company

Investing

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I’m going to make an assumption about you: buying lottery tickets was never your thing.

Rationally, you always knew that the odds weren’t in your favour (getting struck by lightning was more likely!), so you didn’t bother. Instead, you plowed your money into the stock market and never looked back. It worked.

Life lesson: you would rather bet on a sure thing, than a hope and a dream.

But here’s the problem.

That’s what some still think about MicroCap stocks: a hope and a dream. Heck, even I was cautious in my early days as a DIY investor, especially with micro-caps labelled as “penny stocks”.  *shudder*

But I’ve gone through my epiphany stage, and happy that I changed my perception because there’s just so much untapped opportunity out there in MicroCap land, especially in Canada! There’s treasures to be found…

Today, micro-caps represent a growing part of my portfolio (~20% now).

Here’s why I changed my thinking:

MicroCaps might seem risky at first, but once you get to know them better, some aren’t so bad, and a select few might become Canada’s Next Billion Dollar Company. It’s possible, and it’s happened before.

It’s like that saying: “don’t judge a book by its cover”. Some of these MicroCaps are very compelling once you look deeper inside.

But don’t take my word for it; you be the judge…

Here’s some examples (in a nutshell) of actual MicroCap companies, based on my multi-bagger blueprint:

1. Future-ready Business Model
2. Founder / Operator’s Big Vision
3. Growth Potential (Can it scale?)

What do you think?  Which of these MicroCaps stand out for you? 

HoldCo that’s investing in strong, stable and profitable Berkshire/Buffett-esque Canadian companies (ice cream, insurance, and more interesting similarities). The current founder/CEO built his previous company into a $1 Billion revenue generator that one of Canada’s largest financial institutions acquired for $440M.

Consolidator of clinics, and acquirer of digital (EMR) assets within the primary healthcare sector. Management has aspirations to leverage more technology throughout their clinic network (e.g. telemedicine) to administer patient care. Mr. Li Ka-shing (HK billionaire) is a strategic investor, and the founder/CEO’s previous company was acquired by PayPal for $304M.

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Leader in unified communication solutions (cloud and on-premises) that boasts customers in 170+ countries around the world, with 5 million users of their open source software, and an average of 50,000 new installs per month. In FY2019, it will officially become a $100M revenue company, with aspirations to grow as high as $500M in revenue within the next 4 years.

Innovator of advanced sensors, software and underwater robotics, with $300M+ of current contract pursuits in the pipeline. The company has achieved 4x revenue growth since 2015 ($2M -> $8M), and management & insiders are aligned with shareholders, owning ~30% of the company. Their annual revenue is expected to double this year.

Global eSports and gaming media leader, now that the company has merged with two others (this combined company now generates $22M in pro forma revenue and holds $36M cash). It owns and operates Canada’s largest and most successful gaming expo that hosts 55,000 gamers, including 100+ sponsors. Its website properties reach over 200 million monthly visitors, making it a top 5 video game website network worldwide.

Programmatic advertising platform that empowers businesses to make smarter marketing decisions as they shift to digital channels. The company serves Fortune 500 enterprises and small to mid-sized businesses in the U.S., Canada, and Europe. It’s achieved 79% Revenue CAGR since 2011, with $90M in projected revenue for 2019. Insiders own ~35%.

Animation and children’s content producer with a recent strategic partnership (Bell Media) that now makes them the exclusive curator of kids programming for CraveTV, Canada’s leading streaming service (the “other” Netflix). Current founder/CEO previously built a media company that Corus Entertainment purchased for $554M.

Expanding specialty grocery chain of organic & natural groceries. Management believes that Ontario can support 25-30 locations (5x current footprint), and the founder and operator (20% insider stake) is a seasoned, fourth generation grocer. An ex-SVP from Loblaws now sits on the Board of Directors.

Canada’s largest recreational cannabis retailer with a current portfolio of 35 licensed retail locations nationwide. Management continues to execute on its plan to have 40 stores operating by the end of calendar 2019, and 110 by the end of calendar 2020, with a $300M revenue forecast by that time.

Transportation and logistics company servicing Canada and the United States, with approximately 475 power units, 1,400 trailers and 600 employees & independent owner operators. Management has communicated aspirations to become a $500M+ revenue company through organic growth, and strategic acquisitions.

Global leader in environmentally responsible decaffeinated coffee, with distribution across the United States, Canada, and 56 different countries around the world, including some of North America’s largest roasters, roaster-retailers and leading coffee brands, including Tim Hortons, and McDonald’s.

Producers of alcohol-free beverages (wine & beer) that are available in Loblaws, Shoppers Drug Mart, Sobey’s, and Zehrs (~8,000 stores). Management now strives to become ‘the preeminent global cannabis beverage company’.

Emerging company that produces and distributes one of North America’s widest assortments of consumer products and packaging made from the highest possible percentage of renewable and plant-based materials, with no BPAs, phthalates or other chemicals of concern.

Safety and efficiency (Hardware & SaaS) company that operates in the aviation industry, providing solutions to more than 70 customers (including airlines, leasing companies, and OEMs) worldwide. Notably in October 2018, the company’s management acquired Panasonic Weather Solutions’ assets to fuel future growth.

Makers of industrial-scale dehydration technology for commercial applications in the food, cannabis (entirely new market), and pharmaceutical industries. One of the Big 3 Cannabis Producers recently invested $10M, and so this company is now positioned with a debt-free balance sheet and cash in excess of $20M.

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Doesn’t sound so bad, right?  Most of these companies above are still trading below $100M market cap. Small companies with big dreams.

… Imagine being one of the early shareholders in any of these companies before they end up in the mainstream news… before there’s countless analyst coverage, and before funds and other investors start to buy en masse?

Because as I said before; maybe, just maybe some of these MicroCaps become Canada’s Next Billion Dollar Company.

Canada’s Technology & Software Superstocks 🚀

Investing

This is what Steve Jobs said to Pepsi executive John Sculley, convincing him to join Apple at the time (1983):

“Do you want to sell sugar water for the rest of your life, or do you want to come with me and change the world?”

It’s the truth.

I ❤️ new tech & software. Innovation is exciting, and makes my life better / easier / more fun. Drinking more soda-pop, though, just makes me fatter 😛

We all know about the FAANG (U.S.), and BAT (China) Tech Superstocks, but what about Canada? We’re often overlooked, and that would be a mistake…

Canada, and Canadians (+ abroad) have been pioneers of some of the world’s most important technological innovations ever throughout history:

– Electric Lightbulb; Henry Woodward (1874)
– Telephone; Alexander Graham Bell (1876)
– Telephone Handset; Cyrille Duquet (1878)
– Electric Car Heater, and Oven; Thomas Ahearn (1892)
– Wireless Radio; Reginald A. Fessenden (1900)
– Medicinal Insulin; Frederick Banting, Charles Best and James Collip (1922)
– Snowblower; Arthur Sicard (1925)
– Television Camera; F.C.P. Henroteau (1934)
– Snowmobile; Joseph-Armand Bombardier (1937)
– Walkie-talkie; Donald L. Hings and Alfred J. Gross (1937)
– Anti-gravity Suit; Wilbur Rounding Franks (1940)
– Pager; Alfred J. Gross (1949)
– Cardiac Pacemaker; John Hopps (1950)
– Computer Trackball; Tom Cranston (1952)
– Electric Wheelchair; George Klein (1953)
– Alkaline Battery; Lewis Urry (1954)
– Instant Replay; George Retzlaff (1955)
– IMAX; Graeme Ferguson, Roman Kroitor, and Robert Kerr (1967)
– Prosthetic Hand; Helmut Lucas (1971)
– Canadarm; George Klein, and others (1981)
– Archie (first search engine); Alan Emtage, Bill Heelan, J. Peter Deutsch (1988)
– Java Programming Language; James Gosling (1991)
– 56k Modem; Dr. Brent Townshend (1996)
– BlackBerry Smartphone/Messaging; Mike Lazaridis (1996)

Where would the world be without these inventors, and their inventions?

Life would suck..

Seriously.

But wait… I haven’t even mentioned the Canadians behind some of today’s biggest tech companies in the world:

– Uber; Garrett Camp
– Slack Technologies; Stewart Butterfield
– Alibaba; Joseph Tsai

I’m not making this up. Honest.

But I’ll admit; Canada has also had some of the biggest public stock blow-ups in the technology sector; Nortel, and BlackBerry among the most notable in recent history. Lots of tears 😢 + broken hearts 💔. However, that shouldn’t scare you. It’s the nature of innovation. “Innovate or die“, as the saying goes. So let’s focus on the Canadian technology & software companies that are building big things today ,and into the future.

I’ve curated my favourite Canadian Technology & Software Superstocks (see below), most of which originally appeared in my list of “Capital Compounders” (est. 2017). You won’t find any Canadian tech/software micro-capcompanies in this list, but you will if you join Patreon. There’s already 150+ members who have access to the Future 60 MicroCaps that I track and update (> 70% are technology/software stocks), and you can also download my new research report on Lighstspeed POS (LSPD) from Patreon.

*drum-roll*

Here they are…

Canada’s Technology & Software Superstocks:

Company Ticker Market Cap YTD Return
Shopify SHOP $48.2B 132.0%
Lightspeed POS LSPD $3.0B 91.0%
Constellation Software CSU $27.1B 47.3%
Ceridian HCM* CDAY $9.5B 40.5%
CAE CAE $9.6B 40.4%
Descartes Systems DSG $4.1B 36.2%
Open Text OTEX $15.5B 29.0%
People Corporation PEO.v $536.0M 25.6%
CGI GIB.A $25.0B 25.2%
Kinaxis KXS $2.2B 24.8%
Calian Group CGY $260.4M 11.6%
Enghouse Systems ENGH $1.9B 5.0%
Tecsys TCS $164.2M 3.6%
Photon Control PHO $120.3M -5.2%
Stars Group TSGI $6.2B -7.8%
Sylogist SYZ.v $272.4M -8.2%
Tucows TC $699.7M -19.9%


*Ceridian HCM (CDAY) is a U.S. company, but is also listed in Canada (TSX), and has significant Canadian influence

/// Challenge: can you come up with an acronym ala “FAANG” / “BAT” based on this list of Canadian Technology & Software Superstocks?

Become a Member

Investing

Hey readers! It’s been a while. I’ve been busy building something special on Patreon. There’s now 20+ exclusive audio interviews w/ top investors, 18+ micro-cap research reports, and lots more:

20+ Top Investor Audio Interviews:

Jason Donville – Francois Rochon – Aubrey Hearn – Gerry Wimmer – John Ewing – Martin Braun – James Telfser – Iain Butler – Roger Dent – Barry Schwartz – Jason Mann – Matt Kacur – Jason Del Vicario – Alex Sasso – Benj Gallander – Richard Rooney – Keith Richards – Steven Ko

18+ MicroCap Research Reports (based on my “Future 60” list):

AcuityAds (AT.v) – EnWave (ENW.v) – Hamilton Thorne (HTL.v) – Intrinsyc Technologies (ITC.to) – Kraken Robotics (PNG.v) – NamSys (CTZ.v) – Redishred Capital (KUT.v) – WELL Health Technologies (WELL.v) – XPEL Technologies (DAP.U) – Swiss Water Decaffeinated Coffee (SWP.to) – WOW! Unlimited Media (WOW.v) – GreenSpace Brands (JTR.v) – Titanium Transportation Group (TTR.v) – Organic Garage (OG.v) – FLYHT Aerospace Solutions (FLY.v) – Good Natured Products (GDNP.v) – Hill Street Beverage Company (BEER.v) – Enthusiast Gaming Holdings (EGLX.v) – PLUS: LightSpeed POS (LSPD.to)

Everything else:

– Best 15 Ideas for 2019 (beating the market)
– 75+ Investor Presentations (Future 60 + Capital Compounders)
– TSX Venture Rolodex (1,600+ company contacts)
– Private Chat Group on Discord (w/ bots, and level-up powers)
– Model Growth Portfolios (U.S. Compounders coming soon)
– Capital Compounders Club
– Guest Features (e.g. top ideas)
– Hedge Fund Insights
– Punch-card Picks from other DIY Investors & Analysts
– Complimentary Copies of my Books (including audiobook)
– Starter Bitcoin
– Future 60 Performance Updates (top 20 stocks +50% avg. return since Jul ’18, w/ one 4x bagger, and 5 takeovers)
– Giveaways
– AI Interactive Interviews (words stitched to audio) – beta
– Get-togethers (pub night soon)
– Updates on the 40 Capital Compounders; 16% avg. ROIC
– One-on-one Conversations; ask me anything
– 70+ member only posts from the 1+ years I’ve been on Patreon

Join us 🙂 We’re 150+ strong, and growing… plus, if you sign-up before August 6 (my birthday!), I’ll send you a bonus excel file — Dividend Growth Machines (70 income stocks).

Next 10x Bagger

Investing

Don’t you hate it when you miss a stock that’s gone up?

Maybe you:
– didn’t know about the company until much later
– researched the stock, but didn’t invest in it
– owned it but sold out way too soon

It’s not a good feeling… missing a multi-bagger — any stock that doubles or more. Here’s the math:

Bagger Gain ROI
2-bagger 100% 2x
3-bagger 200% 3x
4-bagger 300% 4x
5-bagger 400% 5x
10-bagger 900% 10x
100-bagger 9,900% 100x

I’m guilty of it too (missing out).

But I’ve also had my share of multi-baggers since 2005. That’s when I started investing in the stock market from my dorm room at the age of 18. It only takes a handful of long-term performers to really compound your portfolio’s returns.

My stock portfolio is up 50x since then.

I have a strong passion and instinct for finding promising micro-cap, small-cap, and mid-cap companies that have what it takes to grow bigger. But it’s taken years of practice, and persistence…

As legendary investor, Peter Lynch said: “the person that turns over the most rocks wins the game”.

Market Gobblers; The Disrupted vs. Disruptors

Investing

“gob·ble” / verb / definition: to eat (something) hurriedly and noisily

/// Listen to 12+ New Audio Interviews with Top Investors (2019) ///

There’s the disrupted and then there’s the disruptors.

RIM (BlackBerry) 💥 —-> Apple
Blockbuster 💥 —-> Netflix
Yahoo! 💥 —-> Google (Alphabet)

History proves that the disruptors (e.g. Apple) gobble up their direct competitors (e.g. BlackBerry) and then leap-frog them not just technologically, but also in market share & capitalization. These are large-scale, multi-year transfers of wealth. For example, while Amazon hasn’t completely gobbled up Walmart (time will tell..), it’s already surpassed it in size; $944B (AMZN) vs. $288B (WMT). Amazon is over 3x bigger than Walmart, and still growing on the strong tailwind that is eCommerce…

Some investors find it hard to fathom that a household name can go away. But that’s the reality. To illustrate, between January 1, 1963 and December 31, 2014, 1,186 S&P 500 index companies were replaced by other (new) companies.

So here’s a question; what’s in your portfolio? Is it mostly disruptors or companies that are ripe for disruption?

We’re living in interesting times:
– Pace of disruption has accelerated (shorter business cycles);
– Increasingly, it’s winner takes all (bigger companies; little competition); and
– Advancement, and leverage of technology means seemingly limitless scale

I think this year is significant. In 2019, a group of five big disruptive companies will IPO (some already have) on the stock market. This is probably a good opportunity to add new disruptors to ones portfolio; companies that are gobbling up their respective competition, and entire industries:

– Uber
– Lyft
– Beyond Meat
– Airbnb
– WeWork

These five companies are disrupting transportation, food, lodging, and workplaces, respectively.

There’s some other companies that will IPO (or already have) in 2019, but I don’t think that they are nearly as significant, or will grow as big in the long run:

– Pinterest
– Casper
– Instacart
– Slack
– Robinhood
– Postmates
– Palantir Technologies
– Zoom Video Communications

As humans, it’s tough to accept change. I’ve had to teach myself along the way to adapt more, and be open to new opportunities. For example, Warren Buffett was my first teacher. He’s invaluable to me as a role model. However, it would be unwise, especially as a growth investor, to blindly follow Buffett’s current stock holdings. Buffett has admitted that since the early 2000s (advent of the “internet age”), he’s missed some big opportunities, namely Amazon and Google – relatively new companies that are changing the world. It was just recently this year that Buffett’s company, Berkshire Hathaway, announced a position in Amazon, after many doubles in the price of its stock since IPO (1997).

The key takeaway from this newsletter issue is that DIY investors should own the companies that are gobbling up market share from direct competitors, plus entire industries (the disruptors), and divest the companies that are getting gobbled up (the disrupted). Also, that today it’s increasingly possible for big companies to grow much bigger (with little competition), and scale with advances in technology.

Naturally, because of sheer addressable market, wide sphere of influence, and advancement in technology, it will continue to be the big American, and increasingly Chinese companies that dominate markets and grow much bigger. Because most of my readers are in Canada, I’ll point out that there’s also a few Canadian companies that can possibly get there (but nowhere near the size of an American or Chinese company).

Just ten years ago it was tough to fathom that companies could reach $1 trillion in market cap, but in the future there will be an increasing number of companies in the trillion dollar club. Actually, my big bet is that among the new IPOs this year, Uber will make it to the trillion dollar club (I know.. crazy).

In addition to the five new IPOs that I’ve highlighted above (Uber, Lyft, Beyond Meat, Airbnb, and WeWork), I believe that most of these 40 big companies (see below) will continue to disrupt, gobble up market share, and grow bigger in the years to come (but don’t hold me to these names fortoo long, because as history has shown, companies come and go!):

– Adobe Systems (ADBE)
– Alibaba (BABA)
– Align Technology (ALGN)
– Alphabet (GOOG)
– Amazon (AMZN)
– Apple (AAPL)
– Baidu (BIDU)
– Booking Holdings (BKNG)
– Canopy Growth Corp (WEED)
– Constellation Brands (STZ)
– Constellation Software (CSU)
– CTrip (CTRP)
– DocuSign (DOCU)
– Facebook (FB)
– Intuitive Surgical (ISRG)
– IQiyi (IQ)
– JD (JD)
– Lightspeed POS (LSPD)
– Mastercard (MA)
– Match Group (MTCH)
– Meituan Dianping (3690)
– Microsoft (MSFT)
– Momo (MOMO)
– Netflix (NFLX)
– NVIDIA (NVDA)
– PayPal (PYPL)
– Salesforce (CRM)
– Service Now (NOW)
– Shopify (SHOP)
– Spotify (SPOT)
– Square (SQ)
– Tencent (TCEHY)
– Tencent Music (TME)
– Tesla (TSLA)
– Twitter (TWTR)
– Upwork (UPWK)
– Visa (V)
– Walt Disney Company (DIS)
– Wayfair (W)
– Xiaomi (1810)
– Bonus: Bitcoin/ Blockchain

/// I recently interviewed 12+ Top Investors in 2019. Listen nowJason Donville – Francois Rochon – Aubrey Hearn – Gerry Wimmer – John Ewing – Martin Braun – James Telfser – Iain Butler – Roger Dent – Barry Schwartz – Jason Mann – Matt Kacur – Jason Del Vicario – Alex Sasso. ///

Beating the TSX (BTSX) – 2019

Investing

In my book Market Masters (2016), I interviewed Ross Grant, who took over from David Stanley to manage the Beating the TSX (BTSX) portfolio.

BTSX has achieved a ~12% annual compound return, beating the index (TSX 60). Here’s a chart that tracks the performance of BTSX vs. TSX 60 (total return, including dividends).

20190407_125359.jpg

The new 2019 Beating the TSX (BTSX) portfolio was released (see all 10 stocks below), and the overall dividend yield is 5.59%, with utility  telecom, and bank stocks making up the core holdings (as should be expected). The prices below are as of Jan 2, 2019.

Beating the TSX (BTSX 2019) 

20190407_125251.jpg

The BTSX portfolio has done well, considering it’s a very passive strategy. $10,000 invested alongside the BTSX portfolio 30 years ago would have grown to $229,902 by 2019, vs the TSX 60 ($106,469).

Source: Canadian MoneySaver

Market Masters II: Sequel

Investing

I’m trying something new…

I’m working on somewhat of a sequel to my National Bestselling Book, Market Masters (2016), however; it won’t be in book format this time…

All of these new interviews will be in streaming audio format (60+ mins each), and shared with you as they happen (same week), rather than months, or even a year later because it needs to go to the printing press. You’ll get em’ fresh on Patreon!

Plus, I love the audio format, because it means you can listen to these interviews while driving in your car, working out, or relaxing in bed after a long day.

Since the beginning of the year, I’ve uploaded seven (7) new exclusive audio interviews with Fund Managers, and Investors (as of March, 2019).

Here’s who I recently met, and interviewed:

– Jason Donville (DKAM)
– Gerry Wimmer (Investorfile)
– Aubrey Hearn (Sentry Small/Mid Cap Fund)
– John Ewing (Opportunities Fund)
– Martin Braun (JC Clark Adaly Fund)
– James Telfser (Aventine Canadian Equity Fund)
– Francois Rochon (Giverny Capital)

There’s more interviews coming throughout the year, but they’re only going to be released to my Patreon subscribers. My mission is to give my Patreon subscribers inside access to all of these investors’ strategies, stock picking processes, and best ideas. I hope these interviews can add value to your own investment process. Learn more.

Regards,

Robin

Small Cap Ideas II

Investing

///  Update: One of My Best 15 Ideas for 2019 is up +124% YTD ///

I recently caught up with Gerry Wimmer, founder of Investorfile. Gerry is a DIY investor, and shares all of his stock picks online. I think he’s a very honest, and credible guy. Gerry runs a concentrated portfolio. Plus, he’s got a lot of conviction. Since 2012, Gerry’s only picked 20 top ideas (2-3 per year), and as of Dec 2018, his average current price return (with dividends): +185%. We also happen to have overlap in our portfolios (five of his current picks).

I first met Gerry a couple of years ago, and wrote about his stock selection process (short summary) in “Small Cap Ideas“. However, now that I’m working on my new Investor Interview Series (streaming audio), I invited Gerry for a follow-up conversation. It’s 60+ mins, and we discuss his scope & strategy (micro / small-cap), stock selection process, industry focus (technology, services, industrial), best ideas for 2019, and all 13 current ideas (seven companies were taken over since 2012) including his best performer; Questor Technology QST.v (+1215%; 13x return).

In the Interview, Gerry talks about his current top picks (among other topics):
– Sangoma Technologies (TSXV: STC)
– Avante Logixx (TSXV: XX)
– Caldwell Partners International (TSX: CWL)
– Questor Technology (TSXV: QST)
– Intrinsyc Technologies (TSX: ITC)
– Quorum Information Technologies (TSXV: QIS)
– Posera (TSX: PAY)
– Gatekeeper Systems (TSXV: GSI)
– AirIQ (TSXV: IQ)
– Intouch Insight (TSXV: INX)
– Destiny Media Technologies  (TSXV: DSY)
– Novra Technologies (TSXV: NVI)
– Titan Logix (TSXV: TLA)

It was definitely a fun interview. Lots of new insights.

P.S. Sangoma Technologies (TSXV: STC) was the #1 favourite punch-card project idea for 2019 (4 / 60 submissions).

Ideas for the 2019 Punch-card Project

Investing

///  Warren Buffett: “I always tell students they’d be better off when they got out of business school to have a punch card with 20 punches on it. And every time they made an investment decision, they used up one of their punches, because they aren’t going to get 20 great ideas in their lifetime. They’re going to get five or three or seven, and you can get rich off five or three or seven.” ///

There were 60 MicroCap idea submissions for the 2019 Punch-card Project. 50 Canadian, and 10 U.S.. Out of the 60 submissions, 9 stocks had overlaps, and the most popular idea was Sangoma Technologies STC.v (four overlaps).

Fellow DIY investors, and some from the industry submitted their ideas. It was the thrill of the treasure hunt! “Small companies; big dreams”…

Do you want to see all 60 Punch-card submissions?  Learn more here.
(P.S. I’m working on my first-ever list of U.S. Compounders and will be releasing that soon, as well as new in-depth audio interviews, and more..)

Punch-card Project

Investing

/// Submit your stock idea ///

Let’s try something fun. I call it the “Punch-card Project”, where DIY investors from around the world come together to share stock ideas (there’s 4,400 of you who subscribe to this newsletter).

I’m inspired by something that Warren Buffett said years ago:

“I always tell students they’d be better off when they got out of business school to have a punch card with 20 punches on it. And every time they made an investment decision, they used up one of their punches, because they aren’t going to get 20 great ideas in their lifetime. They’re going to get five or three or seven, and you can get rich off five or three or seven.”

So, how does this work?

Let’s take it to the next level….
You get one punch, and must pick among the MicroCap universe:
– U.S.; under $300M market cap; or
– Canada; under $100M market cap

Small companies; big dreams. It’s the thrill of the treasure hunt!

Reply to me via email (r.speziale@gmail.com), submitting your one Punch-card stock idea. You just need to provide the name of the MicroCap stock to enroll in the project; no explanation/thesis is required. I will compile ideas from everyone who enrolls. Once the list is compiled, all those who enrolled will get to see the list (via email), as well as any of my Patreon members. The full list, plus performance updates will then be shared here throughout the year. If you do not wish to disclose your identity for any reason, you’ll have the option to pick an alias.

Please send me an email (r.speziale@gmail.com) in the following format by March 6, 2019:

Punch-card Project Stock Idea: Insert a MicroCap stock
Identity: Insert First Name & Last Name or Alias name

I’m looking forward to seeing everyone’s ideas, and sharing them all back with you in the month of March… maybe this will become an annual tradition.