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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

The Fine Print

I get good spam flow from junior resource companies because I gave my card to a booth babe at a resource conference last year. Now I am in the loop! A good investor relations campaign for a junior mining outfit will include an email campaign as part of the package. I often read the company descriptions out of general interest but I rarely act on this kind of information because there is a promotional agenda behind it. Retail investors can move small cap stocks for a brief period of time but ultimately it takes great gobs of money to keep a stock moving higher (William O'Neil refers to this as Institutional Sponsorship, the I in CANSLIM). Accumulation by institutions is pretty easy to spot on a price/volume stock chart and I prefer to use technical analysis to help me spot opportunities.

Here are a couple of fine print examples. Disclosure is a good thing, but in the interests of time management I'm starting to read the last page of my spam first.

XXXXX receives a fee from companies that are hot-linked and these hot-links may be considered advertising for the purposes of 18 U.S.C. 1734.

XXXXX provides, for remuneration, corporate communications and investor relations services to the above mentioned client(s)

I usually write about companies that interest me in the Big Picture Speculator, so I may be in the position of owning them at the time of writing (which I disclose). My analysis is usually restricted to a few comments, predominantly about the primary trend and the technical pattern of interest. I outline "big picture" themes and usually feature a number of companies involved with the current theme of interest.

Not Advice

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