NTN Buzztime (NTN)

(A Top Pick Jan 4/11. Down 35.06%.) Sold his holdings when they announced a stock consolidation. The stock consolidation got turned down. Balance sheet is cash poor but virtually no debt. A lot of competition.

Used to be a leader in games played in pubs and is currently in about 4,000. Lost money for the past few years until the past 6 months when they just made a profit. New management seems to be doing a turn around. Clean balance sheet and about $4 million in the bank. Can see it doing a triple plus. Moving into new areas.

People play their games in bars and restaurants. Took a beating because of recent technology. Have been losing money for a number of years. Finally in the last quarter they had the slimmest of gains. They are starting to move into a new field – marketing. New management team with a lot of experience.