My favorite new writer on RealMoney, Gary Dvorchak, just penned an article on 3 microcaps trading at or near cash. Cryptologic (Nasdaq:CRYP) was a favorite of the growth stock crowd until the Feds clamped down on its clients — mainly online poker sites. Its not profitable, but has $3.09 per share net cash. Get [...]
To all who have inquired about my Comtech (COGO) short position, I covered at the sub-16 target level indicated last week. My average short price was 17.48. As I noted before, Comtech is not a poor company and certainly should not be considered a terminal short. It just was rather clear that investors got ahead [...]
You can just picture daytraders hitting the buy button on Comtech Group (COGO) as soon as the headline crossed the wire: “Comtech Group, Inc. Announces New Partnership With Microsoft.” Even the first few paragraphs sound remarkably promising, especially this sentence: Specifically, utilizing Microsoft software applications, Comtech will increase its competitiveness in design solutions for digital [...]
