Zagg (NASDAQ:ZAGG), a developer of accessories for mobile devices, including Apple's (NASDAQ:AAPL) iOS products and Android devices (generally Samsung's (OTC:SSNLF) as Samsung is the category leader in the Android device space at this time). While the firm rode high on the coattails of Apple's meteoric 2011 rise, a number of issues that I will address shortly have sent the shares to near all-time lows on extremely high short interest.
My view is that this is that this is the sort of opportunity that is incredibly appealing to contrarian investors, particularly as the current share price and valuation at 8.1x the current year's expected earnings reflects long-term pessimism for issues that can be unwound and...
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