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.

Thursday, September 21, 2006

MIVA Pre-annouces

MIVA announced today that revenue for the current quarter will exceed the high end of their previous guidance of $40 million. Stock jumped to $3.26, still 14% below our buy-price of $3.80, but enough to have MIVA hand off our biggest dog ranking to Datawatch (DWCH) at 26% loss.
There is hope that we will make some money here.

posted by Cheap Stock Investor | 2:29 PM

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