The Microcap Speculator

Worth reading:

• ARI Reports Record Revenues and Increased Net Income for Fiscal 2008 – Hard to believe that ARI (OTCBB:ARIS) is trading under a dollar after posting $.20 in earnings last year. I may buy ARI this week.
• Littlefield Corporation Announces Q3 2008 Results – Another disappointing quarter from Littlefield (OTCBB:LTFD). Guess the hard times have hit the bingo halls.
• Ballantyne Reports Q3 Results Reflecting Growth in Digital Equipment and a Contribution from Cinema Screen Sales – Remember the old saw about movies doing well in a recession? Cinema equipment provider Ballantyne (Amex:BTN) has an EV/S ratio of under 0.4, and a strong balance sheet.
• ATSI ends fiscal 2008 with double-digit revenue growth – I looked at ATSI (OTCBB:ATSX) last year and decided to pass due to negative cash flow. Its time for another look.
• MF Global Appoints Bernard W. Dan as Chief Executive Officer – This personnel change is a big upgrade for futures broker MF Global (NYSE:MF).
• US Gold Cortez Trend Drilling Intersects 0.07 opt Gold Over 50ft. – Mildly favorable drilling results from US Gold (Amex:UXG) on its Gold Bar property. That’s the one in Nevada, south of the Tonkin project. Its not a core property, but could be upgraded when a new reserve estimate is released.

DISCLOSURE: Long UXG.