Dan Weiss

5 Stocks I Am Watching

Im not sure what you are referring to (lets take a look at each company):
1) ADG- $5.62 (was $5.01) -- this is a very high confidence name that I would point out is the only 1 of the 5 which was brought into the portfolio. The company has record backlog, strong orders and has undergone a restructuring plan which should allow some of that backlog to hit both the top and bottom line of the company.
2) L.S. Starrett- $22.62 (was $16.29) -- obviously, this stock has been a winner.
3) First Marblehead- $2.51 (was $12.66)- this stock has obviously been under distress. I never took a position in the company as I was waiting for improvements in the asset backed market and I wanted to see evidence of just 1 securitization which did not occur.
4) AEHR- $4.79 but reached $11.20 (was $5.75)-- This stock was a near double for those who would have bought the stock as clearly the same attractive valuation characteristics which were present at $5.75 were not as attractive at the high levels which it reached. I also pointed out in the article the risk of potential macro headwinds if economic activity were to deteriorate.
5) NINE- $2.10 (was 3.42)- This one has been disappointing as the company has an enterprise value of -$40 million. That being said I have no confidence in the management team of this company as the actions they have recently made (minimizing reporting) are not shareholder friendly.

5 Stocks I Am Watching

Anything is possible Twinnkie but they will have to deliver nearly perfect to get the stock to that price (that is more than a triple from current prices).

Five Stocks to Watch in 2008

Thanks for all of the comments. In terms of the ticker symbols, I would note these are automatically created by Seeking Alpha when you make posts. You can note from my original post on Vestopia that tickers were not included. In terms of stocks under $5, my opinion is that it does not matter what the stock price is as it is simply a number but what does matter is the value of the underlying business and that the stock trades at an appropriate discount to this intrinsic value figure.