Episode 8 - History of OTC Markets and Relationship to MicroCap Stocks with Jason Paltrowitz, OTC Markets Group

September 29, 2015

For this episode of the Planet MicroCap Podcast, I wanted to learn more about the relationship and long history between MicroCap stocks and OTC Markets. For clarification, “OTC”, stands for “Over-the-Counter”, which means, as Investopedia defines it as, “a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc…” Investopedia breaks it down even further, when it states, “the reason for which a stock is traded over-the-counter is usually because a company is small, making it unable to meet exchange listing requirements.” That sounds a lot like, MicroCap Stocks, right?


However, because of advances in new technology and growing interest in MicroCap stocks, I wanted to find out if the relationship has gotten more complex over the years. To help me with this task, I spoke with Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group, Inc., who own and operate the Over-the-counter financial marketplaces, OTCQX, OTCQB, and OTC Pink. He is responsible for all international and domestic corporate services. 


The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market - check out the latest issue here: MicroCap Review Summer/Fall 2015

In this episode, Mr. Paltrowitz discuss the following topics: 

  • History of the Over-the-Counter stock markets
  • How the OTC Markets came to be
  • Description of the OTCQX, OTCQB and OTC Pink markets: what are the differences, qualifications for trading on each, etc...
  • How has the OTC Markets globalized the stock market? 
  • Discusses ADR's, "American Depository Receipt"'s
  • How difficult is it for companies to list on multiple exchanges including OTC Markets in the US
  • How does market making work together with OTC Markets?
  • Why are a big percentage of MicroCap stocks listed on one of the OTC Markets' exchanges?
  • Comments on Liquidity
  • How does OTC Markets attract new listing companies? And, his view on "Uplisting"
  • Mr. Paltrowitz' background
  • You can follow the OTC Markets Group on Twitter @OTCMarkets

You can follow the Planet MicroCap Podcast on Twitter @BobbyKKraft, and you can also listen to this interview on StockNewsNow.com

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Episode 7 - Commodity Futures Market Roundtable with Mark Shore (Shore Capital Research) and Shelly Kraft (StockNewsNow.com)

September 17, 2015

Hope everyone had a wonderful Labor Day Weekend! We're back with Episode 7 of the Planet MicroCap Podcast. For this episode, we're talking about the Commodity Futures Market - what this means and how it correlates to MicroCap-related businesses. To help me out, I enlisted the help of, not one, but two guests: Mark Shore, Founder of Shore Capital Research, and Shelly Kraft, Founder/CEO of StockNewsNow.com. 

The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap market - check out the latest issue here: MicroCap Review Summer/Fall 2015
In this episode, our guests and I cover the following topics:
  • What is the Commodity Futures Market?
  • How do you buy and sell futures?
  • Is there a correlation between the Commodity Futures Market and MicroCaps?
  • What is the intrinsic relationship between the Commodity Futures Market and MicroCaps?
  • How can understand the Commodity Futures Market help you when analyzing MicroCap stocks?
  • How the Commodity Futures Market works
  • Examples, experiences trading on the Commodity Futures Market
  • History of the Chicago Board of Trade
  • Where to find more information about the Commodity Futures Market
  • For more information about Mark Shore and Shore Capital Research, go to: www.ShoreCapMgmt.com
  • Follow Mark on Twitter @Shorecap
You can follow the Planet MicroCap Podcast on Twitter @BobbyKKraft, and you can also listen to this interview on www.StockNewsNow.com.
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Episode 6 - Chris Lahiji, LD Micro: How to Interview MicroCap Management

September 2, 2015
Qualitative analysis, according to Investopedia, is securities analysis that uses subjective judgement based on nonquantifiable information, such as management expertise, industry cycles, strength of research and development, and labor relations. In every episode we mention this term specifically, or cover aspects of this concept, and its importance to your due diligence process. The topic for this episode, however, is one element that has been discussed the most. 


In theory, it seems simple: do you quantitative analysis, find some questions that you want to ask management, call them up or meet them at a conference, get your answers, make your decision, but in my experience, its a lot more complicated. I recently read an article on MicroCapClub.com by Chip Maloney titled, "The Art of Interviewing Management." It made me realize that speaking with management is skill that can be crafted to be used to your advantage. 


For this topic, I spoke with Chris Lahiji, Founder and Host of LD Micro research newsletter and events because who better to discuss talking with management than with the person who organizes one of the biggest MicroCap conferences in the business - providing a platform for investors to meet with MicroCap management teams.


The Planet MicroCap Podcast is brought to you by SNN Incorporated, publishers of StockNewsNow.com, The Official MicroCap News Source, and the MicroCap Review Magazine, the leading magazine in the MicroCap Stock Market - check out the latest issue here: MicroCap Review Summer/Fall 2015


In this Episode, Chris Lahiji and I, discuss the following topics:
  • Chris' background in MicroCap 
  • Why is it important to speak with management when investing in MicroCap Stocks
  • Why talking with management is a key part of qualitative due diligence
  • His approach to meeting with management
  • Do's and Don'ts when interviewing management
  • Talking on the phone vs. in-person at a conference: Advantages and Disadvantages
  • What types of questions should we be asking; are they sector dependent? 
  • Are there any questions you shouldn't ask?
  • His experiences meeting with management
  • For more information, go to: www.LDMicro.com
You can follow the Planet MicroCap Podcast on Twitter @PlanetMicroCap, or me @BobbyKKraft and you can listen to this interview on www.StockNewsNow.com.
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