New visitor? Consider subscribing by RSS or by email.Last week, a reader who wishes to remain anonymous — he is soon starting a position on the buyside — suggested I take a look at Atlas Mining (ALMI.OB). He thinks that this microcap clay mining concern [...]
The mainstream business press must think that Steve Cohen and Seth Klarman are idiots. Each of these hedge fund masters is a heavy investor in Special Purpose Acquisition Companies (”SPACs”), widely criticized by the business press as risky blank check companies.
In reality, SPACs could be the safest way to get a piece of the [...]
Chinese solar companies are hot. It seems that every week a new solar equipment IPO raises several hundred million dollars or more, largely spurred by government incentives in the PRC and some European countries. There are a number of microcaps in this industry. After initial review, I bought shares [...]
Investors were not too impressed with Handheld Entertainment’s (ZVUE) conference call last week, driving the stock down over 15% in response. I wasn’t impressed either.
There was some good news. The company has reduced cash burn to $400,000 per month. That’s better than last fall’s $750,000 but not sustainable over the long term.
Never [...]
