Celebrate Express, Inc. (NASDAQ: BDAY), seems to be a struggling company, but underneath dissappointing earnings is a very strong balance sheet, with $3.70 net current assets per share, even after a $1.25/share special dividend was paid out in April. The company also has growing revenues. Activist shareholder Stephen Roseman of Thesis Capital management has been buying a lot of shares during the last few months. A while back, some big investors (including Stephen Roseman) announced they were going to try to sell the company or take it private, but that didn't pan out, so the stock price sank to the bargain it is today.
Be alerted to the Hottest Stock Picks!
Join Emerging Growth Alert Newsletter
By joining the team at Emerging Growth Alert you will be in position to receive stock alerts profiling stocks about to move or already in motion. Our alerts are sent in time for you to research, investigate and make a decision about whether this opportunity is right for you.You will not be bombarded with junk mail. There is ABSOLUTELY NO OBLIGATION, and the service is entirely FREE.
http://www.zendurl.com/cashing
Posted by: stocksshock | January 17, 2008 at 11:40 PM
Good blog bud!
Seems like so many ppl are using over complicated techniques and running themselves in circles!
Buy much less than the NCA and you cant go wrong!
Ive been loading up on so many stocks below nta - graham would be drooling at the opportunities.
Posted by: Anon | July 11, 2009 at 10:28 PM