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My friend, Jan Svenda, has recently released an updated version of his OTC manual at a discounted price. The manual now includes 2019 updates, financials for 36 'dark' companies and a lower price, down from $399 to $149.
I like to use this manual to generate ideas and to see Jan's opinion of OTC stocks I have found myself, it's also useful to look up stocks from the old Walker's manuals to see if the companies are still in business and how they are performing. Over to Jan with a bit more info.
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 Nuvectra Corp. (NVTRQ) commenced Chpt. 11 bankruptcy proceedings on November 12th 2019. The share price took a nose dive from $1.39 to $0.22, since then it's been trading in the $0.10-0.20 range.
Upon first glance it looks like game over for the common, but sometimes looks can be deceiving.  Myrexis Inc. (MYRX) is another NOL stub controlled by Johnathan Couchman. Much like AFFY, it's tiny, thinly traded and has significant upside potential.
 Origen Financial Inc (ORGN) is the first in a number of NOL stubs I'll be writing up here on the blog. It will come as no surprise to my regular readers that ORGN is a minuscule firm and it's stock is illiquid., just how I like 'em.
I was recently invited onto The Investor's Podcast to talk shop with Preston Pysh and Stig Brodersen. You can listen to the show on the TIP website here or listen to it on Spotify or Apple Podcasts.
 Profit Planners Management Inc (PPMT) ticks all the boxes to be included in my basket of stocks. It's dark, illiquid, minuscule and has plenty of hair on it.
I was recently invited onto the DIY Investing Podcast for an interview with Trey Henninger. You can listen to the interview on Trey's site here or listen to it on Youtube or Apple Podcasts.
If you are a die-hard value investor who bases investments solely on the numbers and thinks using price charts is superstitious nonsense you ain't gonna like this one. Don't worry though, there's plenty more numbers based deep value plays coming to the blog.
Ted Warren fans read on. The SEC is currently proposing a rule which would essentially stop all trading of 'non-reporting' companies on the OTC markets. This would be achieved by prohibiting brokers/dealers from providing quotations/offerings for these 'dark' stocks. The SEC has proposed this rule in the hopes of combating fraud and protecting retail investors.
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David J. FloodUK based Value Investor. Archives
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