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.

Saturday, November 25, 2006

INYX Inc. (IYXI.ob)--Another take-over?

Late on Friday IYXI announced that management and some outside investors have approached the Board of Directors about a "going private" transaction.

Hmmmm. Not sure if this is good news or not. No price was mentioned so who knows at this point. The group says it "intends to make an offer that it believes will be in the best interests of all Inyx shareholders". We will see.

Hold. Hopefully we will see some action on Monday.


Post a Comment

<< Home