Wednesday 24 April 2019

Canadian Small Cap On The Run

Fandom Sports Media Corp (FDM.CN) is a Canadian small cap on the run. It has risen from $0.05 to $0.085 on heightened volume since last Friday. There appears to be two catalysts. An investment seminar presented by Grit Capital called eSports in the Capital Markets and the CEO Henri Holm exercised 2.5 million options at $0.10. This is not a recommendation to buy or sell FDM but to watch it closely as we think there is good reason for him to pay $250,000 for 2.5 million shares. It is extremely unusual for out of the money options to be exercised.

Disclosure: We are long FDM

With the market at or near all time highs on both sides of the border, 2019 has been pretty good for most stocks, with a few laggards in the small cap space. We have made some good money on microcap plays if you look at our picks at ValueTrades over the course of 2018 and 2019, both longs and shorts. You can also follow us on Twitter @StockTradePicks. We have over 3,800 followers on Twitter as well.

As we head towards the summer of 2019, we have to figure out what's next for microcap stocks? TradeMiner identifies seasonal trends and market cycles, the Penny Stock Prophet and Microcap Millionaires find the next big small cap plays in weed and other industries while Addicted to Profits makes trades from a Canadian perspective.

There are also some good books available on weed stocks such as:

Stock Investing for Beginners: Marijuana Stocks

Make Money Online With Cannabis Stocks: Learn This Basic Strategy and Build Wealth With Cannabis Stocks

Beginner's Guide to Investing in Canadian & US Pot Stocks

Marijuana Stock : Investing in Marijuana Stocks for Passive Income

How To Invest In Cannabis or Marijuana Stocks - Cannabis Investment Group

Here are some other good stock market resources. This includes technical analysis and day trading, dividend stock investing, gold and commodities, sector rotation, options trading and microcap trading strategies:

The dividend stock report from dividendstocksonline.com