VERISANTE TECHNOLOGY INC

 is slowly carving out its name in the medical industry. The hearts and minds of investors are cautious this year and for good reason. The economy is unstable across so many nations and a lot of North American investors have run for cover.

European confidence has come back faster which is ironic since they have been the focal point for the global fears IMHO. It is hard to find a good balance of stability and value while so many are reporting a slow down or even a melt down. I have firmly believed from the start of the crisis that the basic needs will always be met. Oil & Gas is still solid at the end of the day. Gold has stumbled but only after having one of the strongest bull runs in modern history. As well companies dealing in Health Care products and support have held up strong and even gained while others fell.

I listened to a financial advisor today speak about large cap and small cap options and there was a lot of interesting points of view he shared that would otherwise be missed by most retail investors. Even in his comments supporting large caps in an unstable global economy there were hints of life for those about to pop up on the radar. For example he didn't like the penny stocks mostly due to volatility issues. If his $20 stock got hit it might drop $1 or $2 that's only 5-10% and he can decide to bail while the losses are manageable. On the other hand his 25 cent stock may lose 10-15 cents in a matter of hours and there goes half his investment. So now your asking yourself about the flip side to this well there is a big one that came out. For those stocks about to knock on the $1 doorway there is usually a nice pop. Sometimes it's a herculean pop and a nice way to introduce yourself to a whole new set of investors. The $1 mark opens the door to some financial advisers and fund managers to look at and even reccommend. Until then your just floating around in the pool of wanna-be stocks(penny land). As the growth continues some more blue chip funds will spot you crossing the $2 mark which is their magic number and bang you get big pop #2.

Now your on the radar for not only fund managers but the serious individual investor and they want in. One last point I got from this well spoken analyst was this. He spoke about a stock he really likes and it was having a nice run but not until it had a one day $2 pop did he decide its time to buy. So that should tell you something about your small penny stock that's has held up in this crisis. If it has strong continued growth it may suddenly find its under accumulation by some big players. The fact that they have not been loading up yet has just been explained in part. This doesn't mean they can't buy on their own for themselves though.

Have a great weekend.

CONTENT POSTED ON THIS BLOG DOES NOT CONSTITUTE A BUY OR SELL RECOMMENDATION. MANY OF THE COMPANIES PROFILED HERE I AM NOT INVESTED IN AND DO NOT INTEND TO INVEST IN. THESE ARE MERELY MY THOUGHTS ON MARKET CONDITIONS AND STOCK VALUATIONS. INVESTING IN THE STOCK MARKET CAN BE VERY RISKY AND YOU SHOULD ALWAYS CONSULT AN INVESTMENT PROFESSIONAL BEFORE MAKING ANY DECISIONS. ULTIMATELY YOU ARE RESPONSIBLE FOR CONDUCTING YOUR OWN DUE DILIGENCE AND PROTECTING YOUR MONEY.