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, August 15, 2008

Sell Parlux @$6.45

We are selling PARL. Their last quarter was a disaster. We are surprised that the stock has acted so well after it. Maybe there is some deal around the corner, but we are taking our 56% gain and going home on this one. Tough to make money in this market, so we are cashing out with a profit.

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