I have watched this stock for several months, and I just bought my first shares at 20.4$
They reported 16.x million in cash with only 1.53 million shares outstanding. If you deduct the cash that means the shares are actually selling at about 10 dollars, so even if they continued to only make around 25 cents per quarter, this would be a low price.
If the Brockwood suit goes in favor of Hallwood, and earnings are in their typical amount of ~3$ per-quarter this could easily be a 125 dollar stock. It's a risk, but if you could buy into 3 companies with similar risk factors all you would need is ONE of them to work out right and you'd have great results.