Customer Reviews

First Book of Small Stock Investing: Grow Your Investment Portfolio by Investing in Small Capitalization Companies

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I bought this book thinking that I could find out a bit about investing specific to small stocks. What I found was a book which has some common sense rules for investing - i.e. it helps to know about the company and business it is in. Unfortunately the book also contains incorrect facts. For example, Mr. Case puts forth the silly notion that investing the same amount of money in a $5 stock gives one better chances than investing in a $50 stock because you get more shares. Of course, this isn't true - if it were, there would be no $50 stocks. A great counterexample is the stock of Berkshire Hathaway whose stock has appreciated at a faster rate than most other stocks and has a per-share price of somewhere between $75,000 and $100,000. I could go on, but you get the point. Find another book on this subject - there are plenty of good ones.

The author deals with the everyday "Joe or Jane" that may be interested in picking small-priced stocks. Buy more shares with less money. Makes sense. One time I bought 1000 shares of Adac Labs at $1 when it had been accused of giving false information to the SEC. After they corrected the information, the stock soared past $5 and I sold it. Another terrrific book on this subject is MAKING DOLLARS WITH PENNIES: HOW THE SMALL INVESTOR CAN BEAT THE WIZARDS ON WALL STREET by R. Max Bowser. Bowser has a successful system he developed over 25 years, trading stocks priced $3 or less a share.