I was making another pass through the ranks of pink sheets and OTCBB stocks this week when I came upon on unfamiliar company with a healthy stock price of around $15, Power Solutions International. When looking at unlisted stocks, share prices over $5 or so immediately draw my attention. In my experience, the companies behind these stocks are far more likely to possess real revenues and profits than companies with share prices of $5 or lower. Plenty of companies with investment potential can be found trading below $5, but the hunting quickly becomes difficult as ones moves down the price scale. The ranks of companies with share prices below $0.50 or so seem to be populated almost entirely of zero-revenue "development" companies or those with operating income stuck perennially in the red.
Power Solutions International - PSIX
Power Solutions International - PSIX
Power Solutions International - PSIX
I was making another pass through the ranks of pink sheets and OTCBB stocks this week when I came upon on unfamiliar company with a healthy stock price of around $15, Power Solutions International. When looking at unlisted stocks, share prices over $5 or so immediately draw my attention. In my experience, the companies behind these stocks are far more likely to possess real revenues and profits than companies with share prices of $5 or lower. Plenty of companies with investment potential can be found trading below $5, but the hunting quickly becomes difficult as ones moves down the price scale. The ranks of companies with share prices below $0.50 or so seem to be populated almost entirely of zero-revenue "development" companies or those with operating income stuck perennially in the red.