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.

Monday, May 16, 2011

Primedia (PRM)-SELL--$7.10 Buy-Out offer

Sometimes they come fast, and sometimes slow. This one was extremely fast, one week from our Buy recommendation.

PRM received a buy-out offer from TPG capital for $7.10 a share. Looks like KKR has already approved it, so it should be a done deal.

Sell at $7 or more.


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