In Part 1 of this series, I wrote about why investors should pay close attention to microcaps that choose to get smaller via dispositions. I then wrote Part 2: Broadway and Seymour, and Part 3: Clearfield Inc which showcased examples of value that was generated via dispositions. In this writeup, we will look at yet another example, Asure Software (ASUR). Read More …
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Disposition Case Study: Asure Software
Posted July 19, 2012 By Mark Vonderwell in Blog, Companies Mentioned, Educational With | 4 Comments
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MicroCapClub Radio Program Episode 10
Posted July 17, 2012 By Ian Cassel in Blog, Broadcasts, Radio With | 1 Comment
MicroCapClub contributors Sean Marconi and Mark Vonderwell join me in this radio program. We first discuss the good, the bad, and the ugly of reverse splits. Mark talks about why investors should pay close attention to microcaps that choose to get smaller via dispositions. We then go into detail talking about Noble Romans (NROM) and SDIX Inc (SDIX). Other companies mentioned: Asure Software (ASUR), Attunity (ATTUF), Autobytel (ABTL), Chembio Diagnostics (CEMI), and Clearfield (CLFD). (Click the Play button to Listen) Read More …
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Bubba Watson goes driver-driver-putt for eagle at Kapalua
Posted July 15, 2012 By Ian Cassel in Blog, Inspirational With | No CommentsIf you are a golfer or not, I think you will find this shot incredible. A year ago in the opening round of the Hyundai Tournament of Champions, Bubba Watson’s driver off the deck from 305 yards settles within 10 feet of the cup on the par-5 18th hole, and he converts the eagle putt. Hitting a driver off the fairway is hard enough, but Bubba also had to shape it around the fairway so it could stay on the green which the aerial view shows about 1 minute in. Amazing.
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The MicroCap Advantage
Posted July 13, 2012 By Ian Cassel in Blog, Educational With | No Comments
In 2010, Dr. Gerald Perritt, Founder of microcap fund bellwether, Perritt Capital Management wrote the following piece, “The MicroCap Advantage”. Dr. Gerald Perritt has since sold Perritt Capital Management to Michael Corbett whom I interviewed recently. In “The MicroCap Advantage” posted below, Perritt makes his point that extraordinary returns have historically been found in the microcap arena. Read More …
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Disposition Case Study: Clearfield Inc.
Posted July 11, 2012 By Mark Vonderwell in Blog, Companies Mentioned, Educational With | 5 Comments
In Part 1 of this series, I wrote about why investors should pay close attention to microcaps that choose to get smaller via dispositions. In Part 2, I described a Case Study of Broadway & Seymour’s sale of their money-losing customer relationship management software business. This uncovered the profitable and rapidly growing Elite subsidiary at a price barely above cash on hand. It appeared in this situation that hedge funds encouraged the CRM sale and later forced the sale of the Elite business as well. Investors buying shares even months after the disposition was announced quadrupled their investment in a couple of years. Read More …
