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. Previous picks: VAST +71%(buy-out), DIGI +192% (buy-out), MDSI +59%(buy-out), OSTE +79%, NSDA +97%(buy-out). In 2006 we have closed 4 positions, NTCT +40%, DTLK +42%, ONXS +11%(buy-out)and CAW +22% (buy-out), and in 2007, IYXI.ob +44%(buy-out) MOBI +47%(buy-out), INFT +11% (buy-out), DTLK +25%, RITT +62% and MIVA +55%

Name: Cheap Stock Investor

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.

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