For anyone who held - congrats to you!
Awesome gains over the past 12 months.
Ignore the ambulance chaser - this is a good deal for shareholders...the shares have not seen $2 in 5 years.
Following Eberwein worked out well. Congrats to him as well - I need to find other things he is in...besides DRAD.
Nick Swenson of AO Partners. He has positions in AIRT, ELSE, and PDEX. I built up a huge position in PDEX earlier in the year - above 1.5% of the company, then sold it all off in one day when Seeking Alpha posted an article pumping it a few weeks ago. I've just begun accumulating ELSE - below $4 is generally a buy signal. Nick gravitates to companies with a low number of outstanding shares so they can more easily get a large ownership stake. As a result, they are thinly traded and have wide bid/ask spread. But, he's an activist and works on turnaround plays that are value-oriented...which all three of these are.
I have an online investing buddy who likes COSI because of the Lloyd Miller purchases. I personally don't like it and think it's overvalued...but you definitely need to take notice of his purchasing.
A different Lloyd Miller holding which I was lucky to get into a few weeks before earnings is ITI - it is a winner. If you look at the chart you have to love it, the financials are solid too but you have to have patience with it...like watching paint dry, but you will be able to sleep at night with it.
How have you been doing with your options?
Thanks - I've been watching ... I saw his big purchases from the prior week.
My problem is that I really don't like the company's business or their financials - Eberwein is the only thing I like. Not sure if it's enough...though I said the same when I saw him ramp up purchasing DRAD at the end of last year and have regretted it since.