FYI: Shares of small companies have always traded at a premium on Wall Street, where investors have historically been rewarded for taking chances on the sometimes high-flying stocks.
But traders complain that the risks are getting higher and the rewards harder to reap as fewer small companies come to market and investors throw money at them almost indiscriminately via index-following exchange traded funds.
Regards,
Ted
http://www.reuters.com/article/us-usa-smallcap-liquidity-idUSKCN0Y11EQ