Thursday, August 27, 2009

Looking for Co-Authors for a New Blog about Small Stocks

Something I've realized: posts such as the previous one ("A Conversation with USEG Management") are valuable, because they offer original reporting/commentary on a stock that's not widely followed, but they won't have much of a place on the entrepreneurship/business-oriented blog I'm starting. Post such as that have also been fairly sporadic on this blog, partly because I don't have time to follow more than a few companies that closely. So here's what I have in mind: a team-written blog focused on stocks that aren't widely followed. I just bought a nice domain name for this new blog -- one that's relatively short, easy to spell, and lends itself well visually to a logo.

Guidelines for the stocks:

- Under $100 million market cap; preferably, under $50 million.

- Little or no analyst coverage.

- Must have potential multi-bagger upside, in the author's opinion.

Guidelines for the authors:

- Write about 1 to 3 stocks, no more. If you find a 4th stock you like better than the first three, kick one of the first three off of the list.

- Do original reporting. Call the company's management occasionally and post notes on your conversations. Call elsewhere. Be a sleuth. Don't regurgitate aphorisms from Warren Buffett. Save that for other sites.

- Post as often as you have something new or useful to write about your companies, but no more. Don't just post for the sake of posting.

- Engage with your commenters and seek out the answers to their questions.

- Don't run and hide if your stock tanks. If you're still a believer, explain why; if not, explain why.

If you're interested in contributing to this new blog, send me an e-mail with "Obscure Stocks" in the subject line. Thanks.


DaveinHackensack said...

So far I've had one potential co-author express interest about blogging about one stock. I'm starting to think this idea might be a waste of time.

Anonymous said...

ya cause the "job" sucks.

no mention of pay, and how or why would a real analyst re-post or could issue his reports?

dumb ass idea.

DaveinHackensack said...

Thanks for the comment, Anon. You could be right that it's a stupid idea, but to answer your questions:

- There was no mention of pay because I hadn't decided how (or if it would be possible) to monetize it. Generally, there needs to be revenue before anyone can get paid.

- There aren't many 'real analysts' covering these sorts of stocks. That's why the area interested me.

DaveinHackensack said...

I have gone ahead and commissioned by design team to create a logo and semi-custom template for this new site. Details TBA soon.

I am also considering ways to monetize it.