Uncommon Equities

Uncommon Equities provides issuer-paid research for promising public small and microcap companies that need to have their stories told.

We tell these stories in a balanced, professional manner.

Uncommon Equities believes it is important that investors, evaluating a company’s investment merits, have access to comprehensive and timely company and industry information and professional insights to put this information in context. Since many investors need time to build confidence in a company as a rewarding long-term investment, our research offering includes an extensive initial report, quarterly updates, and research notes as warranted. Uncommon Equities provides this service in response to the contraction of quality equity research coverage on small companies from traditional sources.

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As we search for under-followed investment opportunities for inclusion in our company-sponsored research coverage program, we often come across stocks that, while already receiving research coverage from brokerage firms, strike us as being promising investment opportunities that we would like to share with our visitors. We will share why we believe these ideas are worthy of consideration in brief "Snapshots."

In addition, as a service to our site visitors, we prepare a market comment each morning. Although the focus of Uncommon Equities is on introducing investors to under-followed and, in many cases, undiscovered specific investment opportunities, we believe it is helpful to have a context within which to make investment decisions.


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Market Comment

(Prepared by Resnik Asset Management Co.
resnikresearch@msn.com)
May 22, 2013

Pacific Ethanol Update report published yesterday.  Company now expected to turn profitable in current quarter.

The market moved slightly higher yesterday as investors awaited clues on Federal Reserve policy, particularly any willingness to begin scaling back on its quantitative easing program, when Fed Chairman Ben Bernanke testifies before Congress at 10:00 A.M. Eastern Time today.  The Dow Jones Industrial Average rose 52.30 points (0.34 percent), the S&P 500 Index advanced 2.87 points (0.17 percent), and the Nasdaq Composite was up 5.69 points (0.16 percent). The DJIA not only posted its 22nd new high of the year but, curiously, its 19th consecutive Tuesday of gains. Goldman Sachs raised its year-end target for the S&P 500 from 1575 to 1750 based on higher-than-expected dividends and a continuing low-rate environment (Goldman Sachs anticipates no increase in short-term interest rates until 2016). The financial sector was strong yesterday led by JPMorgan Chase (JPM) which gained 1.4 percent after shareholders voted overwhelmingly against separating the roles of Chief Executive Officer and Chairman, meaning Jamie Dimon will retain both titles.

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