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  • Why We're Nuts About Acorn Energy [View article]
    Yahoo Finance has insiders buying the shares (apparently on the open market, not via option exercises) back in April-May.

    Tom -- any idea what happened to the stock in 2003 and 2005, when it had dropped to around a buck a share? Looking at the long-term history of the stock, it has ranged from $14.75 (when it split 2:1) to $0.85.

    The insider buying looks promising, and the balance sheet does not send me running away -- although the fact that 2007 was only year in the 2005-2007 period that they had net profits. The cash build-up leads me to speculate that they are gathering funds to make another acquisition, or at a minimum preparing for calamities in the equity markets. I like cash.

    OTOH, the small-cap universe is a treacherous place to live. Caveat Emptor.
    Aug 17 12:59 pm |Rating: 0 0 |Link to Comment
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