Altucher is pumping a microcap stock currently trading under $5. He states he is dumping $50K into this stock, claiming it will bring a 1000% gain. From his pitch, he states it has a market cap in the $500M range. His new push is his Microcap Millionaire proprietary, picking micro caps with the following criteria: at least $50 M in revenue, a market leader, strong earnings growth, large insider investment, little debt, large cash reserves, low share price.
Any ideas?