Worth reading:

• Collectors Universe Reports Results for Fourth Quarter and Fiscal Year 2008 – Results deteriorate at Collectors Universe (NASDAQ:CLCT). No reason to get involved now.
• Towerstream Announces Deployment of Alvarion(R) Mobile WiMAX(TM) Equipment in Chicago Network – With TowerStream (NASDAQ:TWER) down over 30% since I first raised concerns about its revenue model, a few readers have asked if I’m interested. The answer: not yet.
• Metropolitan Health Networks Announces Share Repurchase Program – Metropolitan (AMEX:MDF) says it will repurchase up to 10 million shares, which would significantly shrink the share base.
• NetSol Technologies Inc. F4Q08 (Qtr End 06/30/08) Earnings Call Transcript – You gotta love NetSol (NASDAQ:NTWK). Management reports a solid quarter by any measure, then foregoes earned bonuses because they want to ensure shareholder value.
• Air Industries 8-K – As a shareholder, I hate to see Taglich Bros. involved with Air Industries (OTCBB:AIRI). Dilution full steam ahead.
• US Gold’s Drilling in the Magistral District Returns 23.7 Opt Silver Over 5.9 ft., Within 9.2 Opt Silver Over 31.0 ft. – More good drilling news for US Gold (AMEX:UXG). If gold recovers, this could be a double or more.
• China 3C Group Named to Forbes Asia’s Fourth Annual Best Under A Billion List: Financial News – I think CHCG is a survivor, and may repurchase a position this week.
• Secured Digital Adds Southpark Worldwide Limited to Its Newly Launched Channel Partner Program – I’ll be interested to see how this initiative plays out in Malaysia. If its not a total flop, SDGL should continue to post solid results. That hasn’t been enough to stop shares from slumping though.

DISCLOSURE: Long NTWK, AIRI.OB, UXG, SDGL.OB.

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