It's still a cautious period for small cap investors, ... The companies that work best have bullet-proof earnings.

If the Fed offers more concrete action on the end of the tightening, it is possible that the subsequent move of the small cap market may be sideways to down.

There's not one answer. You have to look at each company separately.

Any whiff of bad news can cause a thinly-traded stock to act more dramatically than it should. Ultimately, it matters. If a smaller company has to face legal issues, I've got to think it would cause concern.

Small cap value stocks are the lesser known part of the small cap market, and they're very different.

There is a window of opportunity (for small caps). Small caps are relatively inexpensive compared to big caps, and have been trading at 1.1 times cash flow, when on average they should trade between 1.3 to 1.4 times.

Research coverage is very thin. .. so this is a truly small, undiscovered segment of stocks .