The Globe and Mail Shirley Won Published February 3, 2021
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Canadian small-company stocks are back in the spotlight again, helped by tailwinds in multiple sectors at the same time.
The S&P/TSX Venture Composite Index, a broad-market indicator of domestic microcap securities, surged 51.6 per cent last year versus a 5.6-per-cent gain for the S&P/TSX Composite Index, including dividends.
The venture index continued its climb in January. Resource stocks largely drove past bull markets, but technology, clean-energy, health care, cannabis and even cryptocurrency-related stocks have now joined the party.
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Microcap stocks offer potential for multibaggers, but keep in mind that they come with higher risk. These young companies may not be profitable or have revenue yet. Management can stumble or face setbacks. Companies may not raise enough capital to grow, while financings can dilute existing shareholders.
Subject of viral Phoenix traffic stop suing police over another stop
In 2019, Dravon Ames made headlines for a police stop that was caught on camera and quickly went viral. Now he is suing Tempe police over a 2018 stop. Author: Michael Doudna Updated: 10:22 PM MST January 31, 2021
PHOENIX Dravon Ames is suing the city of Tempe in federal court for battery and violation of his civil rights during a 2018 traffic stop.
The stop occurred months before Ames made headlines in Arizona because of a 2019 incident that went viral.
In that stop, a Phoenix police officer was seen pulling a gun on Ames pregnant girlfriend and child in the backseat, while Ames was screamed at and had his leg swept by another officer.