TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.
As a long term investor, you need to own every piece of the investment puzzle to be fully diversified. And while investors tilt their asset allocations more towards safer, large cap stocks, there is the need for small cap stocks as well. And part of the small cap stock sector is micro cap stocks.
Typically, micro cap stocks are publicly traded companies with a market capitalization of $50 million to $300 million. In many cases, pink sheet or penny stocks qualify as micro cap stocks.
Here I will focus on micro cap stocks that have a real shot at becoming something big as opposed to a fly by night operation.
With that said, let’s take a look at some micro cap stocks!
3 Micro Cap Stocks Worth Looking Into
#1. Full House Resorts (NYSE: FLL)
Full House Resorts is a gambling company that has casinos in 4 states: Colorado, Mississippi, Indiana and Nevada. What sets them apart from the other casinos is that each casino operates independently from the others.
In other words, they are designed and have themes based on the location they are in. You won’t visit the casino in Indiana and experience the same thing in the one in Colorado. They are completely different.
The company has been increasing revenues for the past 3 years and there is no signs of it slowing down. In fact, when the company reported earnings in August, revenues were up another 16%.
#2. Heat Biologics (NASDAQ: HTBX)
Heat Biologics is a biopharmaceutical company that focuses its efforts on the oncology field. And they are working on an interesting treatment system for treating cancer.
They created Immune Pan-Antigen Cytotoxic Therapy, or “ImPACT”, which transforms cancer cells into a protein called gp96. This protein is naturally occurring in the environment.
The way this helps with cancer treatment is that when this protein is found in our bodies, it acts as an alert system for our immune system.
