After spending some time picking through balance sheets and income statements and reading SEC filings, the following microcap "penny" stocks have been added to the list. These issues would mostly be classified as value stocks. They trade at extreme discounts - much of their tangible book value is made up of cash or short term investments. Start your research by clicking the links and going to Yahoo! Finance (don't trust numbers you see posted -be sure to read SEC filings for complete company financials and information). Three of these stocks have a fairly consistent dividend with yields ranging from 5% to 8% at current prices. The price/share listed are average prices that we have so far bought in at. We could buy more at lower or higher prices.

BOFI - $6.91/sh
ALRG - 80 cents/sh
SCND - $3.25/sh


All of these stocks trade at extremely low volumes. Use limit orders when purchasing microcap stocks. We have a fairly long term outlook for these stocks (at least 6 months to several years) but we will sell a portion of our shares if there is ever a quick run-up in price. If you are an impatient investor and want to see quick action then do not purchase these types of stocks. These are solid companies with very low profiles. They trade on Nasdaq or OTCBB. I will add more information about these stocks at a later date.

Our original list gained over 70% yr/yr

* We may add stocks to this list or remove them at any time.  Remember, this is merely a list for you as an investor to begin your own research.  Disclosure:Some partners and members of Paul Saad And Associates hold these stocks in their portfolio. We may buy or sell or change an opinion about these stocks at any time.

Our list is fairly short currently, as you can see.  Some of our past stocks, such as APES have been bought out and removed, another lost a key customer and we will remove it until we see how the company handles the change.