Not knowing when the dawn will come I open every door.” ― Emily Dickinson
The Busted IPO Forum has now been on the MarketPlace for just over 10 months and I wanted to provide a quick update on our progress to date. In my three decades of investing, I have found that the only way to significantly outperform the market is to find and invest in under followed and unloved niches within the equity market. Simply put, one must swim in a different direction than the herd if one wants superior investment performance.
These opportunities are often found in small biotech stocks the market has overlooked or given up on in error. Or it could be attractive small and midcap stocks that insiders are buying over at the Insiders Forum portfolio.
My regular readers know that I have talked many times about the lucrative opportunities available in 'Busted IPOs' over the past seven years I have been writing here on SeekingAlpha. This offering is an opportunity to explore and profit from those types of stocks. As of the close of the market on Friday, our model portfolio has generating an overall return of 23.14%, almost double the 11.86% return of the Russell 2000 over the same time period.
Busted IPOs are stocks that have been public for 18 months to five years that are trading substantially under their IPO prices.
Our goal at the Busted IPO Forum is to build, modify and maintain a portfolio of 20 small cap and midcap Busted IPOs which consistently outperforms the Russell 2000 over time.
I have found once the analyst hyperbole has blown over and stock lock ups have expired around these Busted IPOs, many of these once loved equities can be had for 25 to 50 cents on the dollar from when they first came public.
I have found this area of the market to be very lucrative over the three decades I have been investing in the stock market. The majority of my 'ten-baggers' in my investment lifetime like AskJeeves (ASKJ), ZELTIQ Aesthetics (ZLTQ) and more recently Cymabay Therapeutics (CBAY) have come from this overlooked niche of the market.
The Busted IPO Forum service provides email alerts and accompanied granular investment analysis anytime we add a new addition to the portfolio. We also provide weekly market commentary, exclusive 'deep dives' on Busted IPOs as well as portfolio performance updates every weekend.
Our community has grown to over 400 members and remains the lowest priced of the top 15 offerings on SeekingAlpha. So if this sort of investment seems worth exploring further, we invite you to take advantage of the special offer outlined below. But don't delay, as this offer is only for a very limited time basis.
Not only are we still enabling 14 day free trials into The Busted IPO Forum, but all those that sign up to take our risk-free two week trial period will also get 20% off their first year of membership should they decide to join our community. However, this special discount is only available to those that sign up before midnight EST TODAY. To enable your risk-free trial period before it expires, just click HERE.
We often miss opportunity because it's dressed in overalls and looks like work”― Thomas A. Edison
Thank You & Happy Hunting
Bret Jensen
Founder, The Biotech Forum, The Busted IPO Forum & The Insiders Forum