Archive for the ‘Small-Cap Technology’ Category
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AGORACOM WIRE – FRIDAY JUNE 10, 2011
TOP STORY …
LOVING SMALL CAP TECH? … Rouchon Industries (RCHN:OTCBB) … $3.2 Million in gross revenue, Net income before taxes up 121% to $197K, No long-term debt, large IT Chip Making Industry customer base … Discover Rouchon … Full Feature
US REAL ESTATE PUNISHMENT … Almost 40% of US homeowners who took out SECOND mortgages are underwater … Twitter
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DISCOVER OUR SPONSORS … NUMBERS TALK
Incredibly interesting to see how tech companies on the TSX Venture Exchange are stealing the spotlight from junior resource companies as the new high fliers … I also think it’s fantastic that we are seeing real value built outside of the resources sector. If anyone believes in long-term tech, it is us … and I’d prefer a TSXV with variety.
Oddly enough, I’ve had SCG on my watch list for a week now but still can’t be into these meteoric rises. By 10AM, SCG is up 29.6% on 4M shares. Congrats to anyone riding this bull … but remember to take some money off the table.
The day isn’t over just yet but unless something big happens in the next 20 minutes, this is the way things are going to shake out. You need to get through 6 companies before finding your first hard rock company on the TSX Venture volume list.
I, for one, am happy to see this. I am big time bullish on junior resources companies going forward … but it’s nice to see we don’t have a one-trick pony.