(Top Pick Mar 2/15, Up 11.32%)It is selling at a discount to their cash. He believes they will liquidate and send the cash to their shareholders. They are going to wind up the company. Not a stock for the faint of heart. This is a wonderful speculation.
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Management is a very, very good investor. Their pool of $30 million in cash should attract a very good deal. It is trading at a discount to its cash.