Matthew Dow
Small-cap, value, long only, growth at reasonable price

Qualstar: Executing Well And Still Undervalued

Business Update - Management Continues to Execute on their Plan

I last wrote about Qualstar (NASDAQ:QBAK) back in October 2013, when the stock was trading barely above net current asset value (NCAV). Since then the stock has seen its ups and downs, with the major highlight being a positive earnings report earlier in 2014, which caused the stock to shoot up briefly to over $2.00 on February 14th. On this day alone the stock opened at $1.33, and then proceeded to shoot up a whopping 54% to $2.05 on volume 10x the daily average. Unfortunately for retail investors you had to be paying close attention that day, and lock in gains by midday, as the stock dropped sharply...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details