Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Friday, June 27, 2008

Celebrate Express-SELL on Takeover bid

Well BDAY finally got their takeover (take-under) offer at $3.90 a share. Biggest % gainer on NASDAQ today +63%, but little solace for us, as we end up booking a 39% loss on this. Don't wait for the extra $.15, sell at $3.75 or better.

posted by Cheap Stock Investor | 8:20 AM

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