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Microcap Activist
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Small hedge fund manager attempting to become a micro cap activist investor.
  • Paulson Capital Corp (PLCC) Trading At 50% Book Value, Takeover? 0 comments
    Apr 22, 2013 4:36 PM | about stocks: PLCC, PRLS, FREE, SPRO

    Paulson Capital Corp, a small investment bank traded on the NASDAQ, is looking better than ever for a takeover, so longing one happens quick. The management family of Paulsons own the majority of the stock, but it is probable they might want to cash out due to the company having about $8M in liquid assets vs the market cap of less than $5M. This stock could get a big pop if they either stopped operations and bought back all shares/divvy money out or a takeover occurred. There needs to be a takeover activist though and one has yet to come up. With a small $250K position, you could own 5% of the company and probably convince management to agree to release the cash to shareholders. I do not own any shares of (NASDAQ:PLCC) nor do I plan to buy any in the near future unless an activist position is taken.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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