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To be sure, micro-cap stock fraud is not new.
If you're considering buying a thinly traded micro-cap stock, caveat emptor.
Furthermore, a micro-cap stock with a low share float can experience wild swings in price.
("Advice from the regulator " offers tips on researching a micro-cap stock).
To learn more about micro-cap stock fraud, have a look at www.sec.gov/consumer/microbro.htm.sec.gov/consumer/microbro.htm
The exception to this FDA zombie creation revolves around a previously unknown or under-the-radar micro-cap stock that claims to have a possible treatment for a new "hot" disease of the day.
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Mr. Colt bought substantial positions in thinly traded micro-cap stocks, then promoted them as selections on the site.
The Russell 2000 Low Volatility fund focuses on small- and micro-cap stocks with strong growth prospects.
We first show that the OTC market consists predominantly of micro-cap stocks that exhibit low market liquidity, negative stock returns, and high return volatility.
Or he can hope that a surge in investor ardor for micro-cap stocks will allow him to sell his positions piecemeal without scorching the market.
But instead of safer and more-suitable bonds and large-company stocks, Cervone put the bulk of her $114,000 into highly speculative micro-cap stocks, including NeoMagic Corp. and Cypress Bioscience Inc., according to allegations recounted in an arbitrator's award in June against a firm that helped handle the transactions.
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