The Activist publishes investigative research on small- and micro-cap stocks. We focus on issuers that depend on risky forms of financing and securities that are susceptible to market manipulation. Our reports often scrutinize anomalous changes in stock prices that occur around dilutive issuances and registrations of shares.

We are experienced researchers who belong to a community of veteran analysts and traders. We hold no positions in the securities we cover and receive no compensation for publishing reports on specific securities. In addition to this website, our reports are available in an email newsletter and on other platforms. To communicate with us, please use our contact form.