Special situation: Short Genaera Corporation (NASDAQ:GENR)
Genaera Corporation (NASDAQ:GENR) is a first for us: a short play. The company has announced that the board of directors has approved a Plan of Liquidation and Dissolution forecasting distributions of...
View ArticleNyer Medical Group Inc (NASDAQ:NYER)
Nyer Medical Group Inc (NASDAQ:NYER) is to liquidate subject to the approval of its shareholders and the closing of two transactions. The board estimates that shareholders will receive a liquidating...
View ArticleASPN announces distribution of cash proceeds from Venoco sale
Aspen Exploration Corporation (OTC:ASPN) has announced that it will pay a cash dividend of $0.73 per share to stockholders of record on November 16, 2009 from the proceeds of the sale of its California...
View ArticleConvera Corporation (NASDAQ:CNVR)
Convera Corporation (NASDAQ:CNVR) is a liquidation play. The stock closed yesterday at $0.221. The company estimates the value of the distributions to be in the range of $0.37 to $0.45 per share....
View ArticleSoapstone Networks Inc (OTC:SOAP) Q3 2009 10Q update
Soapstone Networks Inc (NASDAQ:SOAP) has released its 10Q for the period ended September 30, 2009. We first looked at SOAP on February 2nd (see Greenbackd’s post archive here) because it was trading...
View ArticleConvera Corporation (NASDAQ:CNVR) and the Case of the Disappearing Distribution
In mid November I ran a post on Convera Corporation (NASDAQ:CNVR) (see the CNVR post archive here), which was in the process of liquidating and planning to pay distributions valued in the range of...
View ArticleWalking the talk: Applying back-tested investment strategies in practice
Aswath Damodaran, a Professor of Finance at the Stern School of Business, has an interesting post on his blog Musings on Markets, Transaction costs and beating the market. Damodaran’s thesis is that...
View ArticleBack-testing the performance of net current asset value against net net...
Jae Jun at Old School Value has a great post, NCAV NNWC Screen Strategy Backtest, comparing the performance of net current asset value stocks (NCAV) and “net net working capital” (NNWC) stocks over the...
View ArticleNyer Medical Group Inc (NASDAQ:NYER)
Nyer Medical Group Inc (OTC:NYER) has announced its sole and final liquidating distribution will be $2.08 per share. We started following NYER in November last year (see the initial post) when the...
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