- Shares of Aetrium (OTC:ATRM) +80.8% surge after SA contributor Small-Cap Momentum Advisors pens the bull case, arguing that shares should be valued at $15-$20.
- The author bases the thesis on a recent management shake-up that saw activist Jeffrey Eberwein appointed Chairman. Eberwein and his fund, Lone Star Investors, have a 5.6% stake in ATRM.
- Q1, the author says, "should be a monumental turnaround quarter," with the company booking revenues of a previously-announced $2.1M order by the quarter's end. The order alone represents almost 2x Q1 2013 revenue, and is indicative of "significant traction," the author notes.