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Shares of The Dolan Company (DM +13.5%) soar after SA Pro contributor Colin King's positive...

Shares of The Dolan Company (DM +13.5%) soar after SA Pro contributor Colin King's positive writeup comes out of embargo over the weekend. Although "patience is a must with this name," King says a "growing backlog in mortgage defaults" bodes well for the company as does Nantahala Capital's recent move to increase its stake to 11%.
Comments (4)
  • Archman Investor
    , contributor
    Comments (2388) | Send Message
     
    So wait.
    What your saying is that because SA released an article written by someone who I am sure 99.999% of Wall Street & investors has never heard of before, that is the reason for the 13.5% share price increase?

     

    An ultra micro cap stock trading @ 1.85
    The way that stock is trading it almost looks like a pump and dump.
    Sorry, I leave that non-sense to those who like losing money.
    1 Jul 2013, 02:08 PM Reply Like
  • Intangible Valuation
    , contributor
    Comments (612) | Send Message
     
    So I take it you didn't like his thesis? (I am not long DM.)
    1 Jul 2013, 02:52 PM Reply Like
  • Colin King
    , contributor
    Comments (24) | Send Message
     
    I respect your comment and while the move certainly was not intended, I feel that the story is misunderstood. I do prefer to look at smaller companies as I feel a little extra work can provide an informational advantage not found in well-followed names like AAPL. Also, this was a company trading over $10/share with a $420m market cap just 2.5 years ago.

     

    So while you're entitled to your opinion, I simply ask you don't make heavy accusations against an author which most certainly are not true. As always, the philosophy, "to each his own," is incredibly relevant in investing.

     

    Cheers.
    1 Jul 2013, 03:24 PM Reply Like
  • Archman Investor
    , contributor
    Comments (2388) | Send Message
     
    Colin:
    I apologize if I made it seem that you were involved in a "pump and dump".

     

    I took more offense to SA "hyping" this article as the reason for the share price rise. I know their goal is "Hey look the stock went up 14% so if you were paying for PRO articles you too would be making 14% in this absurdly risky stock, where you could potentially lose every cent you have" Yes that was meant as sarcasm for SA. (Shame on you SA)

     

    Maybe it was. But at $1.85 these types of stocks are nothing but lotto tickets for people who have no clue how to create real wealth or monthly cash flow.

     

    Again Colin no offense intended in your direction.
    1 Jul 2013, 04:38 PM Reply Like
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