July total gain now up to 19.1%!
After fluttering around 600 before falling to 583.67 on Friday, July 19, the Bowser Microcap Stock Index closed Friday, July 26 at 614.69. The Index closed above 600 for the first time in months on the 24th (602.55). It didn't stop there, however, but continued to climb, closing at 608.65 on Thursday the 25th and 614.69 on Friday the 26th. See below for a chart of the Index's weekly performance (NOTE: there was an error in Monday, July 22's reporting so it has been omitted from the chart).
The Microcap Stock Index climbed a total of 31.02 points last week, representing a 5.3% gain. Since June 28 (the last trading day in June), the Index is up almost 100 points--98.42 points to be exact. That's a gain of 19.1% in July! Catalyzing the run have been the larger holdings in the Index, such as Alliance Fiber Optics (AFOP), which climbed 1.7% last week. Other notable gainers in July include CVD Equipment (CVV), Contango Oil & Gas (MCF), Pizza Inn (PZZI), SunOpta (STKL), Trinity Biotech (TRIB) and others.
Compared to other indexes, the Bowser Microcap Stock Index finished far above the rest, which can be seen in the table below. The mixed results show a blended marketplace. Judging from these results, neither small caps nor large caps outperformed the other last week. Instead, certain individual stocks shined, while other did not, resulting in a week of mixed results.
| Dow Jones | S&P 500 | NASDAQ Com | Russell 2000 | Bowser Index |
| +0.1% | -0.0% | +0.7% | -0.2% | +5.3% |
How long do you think the Bowser Microcap Stock Index's run will continue? Feel free to comment below, sharing your thoughts on the microcap marketplace, or the market as a whole!
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The Bowser Report is a monthly financial newsletter that specializes in small stocks trading for $3/share or less. Our goal is to provide the individual investor with relevant information on microcap stocks. Each month, we recommend a new company, provide information on past recommendations and report news surrounding the microcap marketplace.
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Information in this blog post contains references to past Bowser recommendations. This blog post contains no recommendations, and instead relies on data gathered on past recommendations from sources thought to be reliable.
I looked for FLL in the latest newsletter – today it is trading for $2.77 a share – so what category is it in? Why isn’t it listed? And ZIX Corp has busted over $3.00 and is not mentioned in the Follow-Through stocks. SNAK is listed in the Follow-Through section but not in the Earnings section. Am I in error thinking there are some gaps in reporting here? Bill McGrath
Bill, both of those companies were removed some time ago for reasons that were explained in the newsletter. There are two reasons that companies are removed after going to the Follow-Through: (1) The company doubled and fell 25%, and thus subscribers should be out; or (2) the company has been in the Follow-Up for over 2 years without making much of a move. Both of those companies are still in our Database.
Sorry for the delayed response, and thank you for your interaction!