You’ll hear me mention “high probability turnarounds” often. And by the way, when I refer to turnarounds, I am talking about companies on the verge of dying, not those that are tweaking the business to create new growth or re-ignite growth… Because let’s face it, microcaps are always facing challenges.

It’s a good time to revisit this topic for two reasons. First, as I mentioned in last week’s Sunday update, we reintroduced our turnaround screen. Second, the MS microcap starting Five Defense Conference will have a few companies presenting their turnaround stories, like $VELO (3D printing) and $AUUAF (AUUA.V) (composite materials).