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	<title>Greenbackd &#187; greenbackd</title>
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	<link>http://greenbackd.com</link>
	<description>Identifying undervalued activist situations</description>
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		<title>Greenbackd &#187; greenbackd</title>
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		<item>
		<title>Annus horribilis for fundamental value</title>
		<link>http://greenbackd.com/2011/12/21/annus-horribilis-for-fundamental-value/</link>
		<comments>http://greenbackd.com/2011/12/21/annus-horribilis-for-fundamental-value/#comments</comments>
		<pubDate>Wed, 21 Dec 2011 23:11:55 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Stocks]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5251</guid>
		<description><![CDATA[No comment necessary: Filed under: Stocks<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5251&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/21/annus-horribilis-for-fundamental-value/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
	
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			<media:title type="html">greenbackd</media:title>
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	</item>
		<item>
		<title>Pilgrimage to the spiritual home of value investing</title>
		<link>http://greenbackd.com/2011/12/17/pilgrimage-to-the-spiritual-home-of-value-investing/</link>
		<comments>http://greenbackd.com/2011/12/17/pilgrimage-to-the-spiritual-home-of-value-investing/#comments</comments>
		<pubDate>Sun, 18 Dec 2011 02:30:58 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Stocks]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5241</guid>
		<description><![CDATA[Monday is the last day to  register at the lowest available fare to this year’s Spring Value Investing Congress on May 6 and 7 in Omaha, NE, where Warren Buffett keeps alive the spiritual torch of value investing. (The Spring event was previously held in Pasadena, CA, but was moved because Charlie Munger no longer holds the Westco [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5241&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/17/pilgrimage-to-the-spiritual-home-of-value-investing/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
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	</item>
		<item>
		<title>Seven things value investors used to learn at Stanford Business School</title>
		<link>http://greenbackd.com/2011/12/08/seven-things-value-investors-used-to-learn-at-stanford-business-school/</link>
		<comments>http://greenbackd.com/2011/12/08/seven-things-value-investors-used-to-learn-at-stanford-business-school/#comments</comments>
		<pubDate>Thu, 08 Dec 2011 05:00:23 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Value Investment]]></category>
		<category><![CDATA[Chris Wyser-Pratte]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5150</guid>
		<description><![CDATA[A little while ago Portfolio ran this great Felix Salmon article about Chris Wyser-Pratte, a 1972 Stanford MBA grad who spent the next 23 years as an investment banker, and the seven principles he was taught at Stanford Business. When I read through them, I was struck by how timeless they are, and how readily applicable to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5150&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/08/seven-things-value-investors-used-to-learn-at-stanford-business-school/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">greenbackd</media:title>
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		<item>
		<title>J Carlo Cannell and Steller&#8217;s Sea Cow</title>
		<link>http://greenbackd.com/2011/12/07/j-carlo-cannell-and-stellers-sea-cow/</link>
		<comments>http://greenbackd.com/2011/12/07/j-carlo-cannell-and-stellers-sea-cow/#comments</comments>
		<pubDate>Wed, 07 Dec 2011 05:00:10 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Cannell Capital]]></category>
		<category><![CDATA[J. Carlo Cannell]]></category>
		<category><![CDATA[Value Investing Congress]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5224</guid>
		<description><![CDATA[J. Carlo Cannell runs Cannell Capital, the long/short activist investment firm he founded in 1992 with just $600,000 under management. Cannell&#8217;s ideas are as unconventional as the man himself &#8211; he&#8217;s a Princeton liberal arts major, then freelance journalist in Fiji &#8211; and he describes himself as a &#8220;fox, not a hedge hog&#8221; (referring, I guess, to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5224&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/07/j-carlo-cannell-and-stellers-sea-cow/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">greenbackd</media:title>
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	</item>
		<item>
		<title>Icahn sets deadline for Commercial Metals Company (NYSE:CMC); Bids $15 per share</title>
		<link>http://greenbackd.com/2011/12/06/icahn-stirs-the-pot-at-commercial-metals-company-nysecmc/</link>
		<comments>http://greenbackd.com/2011/12/06/icahn-stirs-the-pot-at-commercial-metals-company-nysecmc/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 05:26:59 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Activism]]></category>
		<category><![CDATA[Carl Icahn]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5220</guid>
		<description><![CDATA[Update: Icahn drops the hammer From the press release: ICAHN ENTERPRISES LP FOR IMMEDIATE RELEASE ICAHN ENTERPRISES HOLDINGS LP TO MAKE TENDER OFFER FOR ALL OF THE OUTSTANDING SHARES OF COMMERCIAL METALS COMPANY AT $15 PER SHARE CONTACT: SUSAN GORDON (212) 702-4309 NEW YORK, NEW YORK, DECEMBER 6, 2011 &#8211; Carl C. Icahn today announced that Icahn Enterprises Holdings [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5220&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/06/icahn-stirs-the-pot-at-commercial-metals-company-nysecmc/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
		</media:content>
	</item>
		<item>
		<title>Action at Adams Golf Inc (NASDAQ:ADGF)</title>
		<link>http://greenbackd.com/2011/12/05/action-at-adams-golf-inc-nasdaqadgf/</link>
		<comments>http://greenbackd.com/2011/12/05/action-at-adams-golf-inc-nasdaqadgf/#comments</comments>
		<pubDate>Mon, 05 Dec 2011 05:00:40 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Adams Golf Inc (NASDAQ:ADGF)]]></category>
		<category><![CDATA[Jay Schembs]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5196</guid>
		<description><![CDATA[Here&#8217;s a great story from investor Jay Schembs about Adams Golf Inc (NASDAQ:ADGF), which will be familiar to anyone who has spent some time sifting through net net screens for the last few years. Jay has had a position in ADGF since late 2008. After sitting through one too many conference calls listening to platitudes from [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5196&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/05/action-at-adams-golf-inc-nasdaqadgf/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
		</media:content>

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	</item>
		<item>
		<title>Guest Post: Travis Dirks on ModusLink Global Solutions Inc (NasdaqGS:MLNK)</title>
		<link>http://greenbackd.com/2011/12/02/guest-post-travis-dirks-on-moduslink-global-solutions-inc-nasdaqgsmlnk/</link>
		<comments>http://greenbackd.com/2011/12/02/guest-post-travis-dirks-on-moduslink-global-solutions-inc-nasdaqgsmlnk/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 16:19:55 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[Stocks]]></category>
		<category><![CDATA[Activist investing]]></category>
		<category><![CDATA[Rotary Gallop]]></category>
		<category><![CDATA[Travis Dirks]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5206</guid>
		<description><![CDATA[Dr. Travis Dirks has provided a guest post with important implications for activist and special situations investors. Travis is the Founder and CEO of Rotary Gallop, a company pioneering the application of Nobel-prize winning mathematics to the problem of acquiring, keeping and exercising corporate control. You can reach him at T@RotaryGallop.com &#8212;- To Fellow Greenbackd [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5206&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/02/guest-post-travis-dirks-on-moduslink-global-solutions-inc-nasdaqgsmlnk/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
		</media:content>

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			<media:title type="html">Rotary Gallop</media:title>
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		<item>
		<title>Greenbackd is 3!</title>
		<link>http://greenbackd.com/2011/12/01/greenbackd-is-3/</link>
		<comments>http://greenbackd.com/2011/12/01/greenbackd-is-3/#comments</comments>
		<pubDate>Thu, 01 Dec 2011 19:01:09 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Stocks]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5204</guid>
		<description><![CDATA[Thanks for all the support. Filed under: Stocks<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5204&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/12/01/greenbackd-is-3/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
		</media:content>
	</item>
		<item>
		<title>Guest post: Imation Corp (NYSE:IMN) Worth More Sold Than Alone</title>
		<link>http://greenbackd.com/2011/11/30/guest-post-imation-corp-nyseimn-worth-more-sold-than-alone/</link>
		<comments>http://greenbackd.com/2011/11/30/guest-post-imation-corp-nyseimn-worth-more-sold-than-alone/#comments</comments>
		<pubDate>Wed, 30 Nov 2011 21:10:50 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Activist Investors]]></category>
		<category><![CDATA[Net Net Stocks]]></category>
		<category><![CDATA[Value Investment]]></category>
		<category><![CDATA[Activist investment]]></category>
		<category><![CDATA[Amit Chokshi]]></category>
		<category><![CDATA[Imation Corp (NYSE:IMN)]]></category>
		<category><![CDATA[Kinnaras Capital]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5198</guid>
		<description><![CDATA[Amit Chokshi of Kinnaras Capital, an independent registered investment advisor focused on deep-value, small capitalization and micro capitalization equity investing, has contributed a guest post on Imation Corp (NYSE:IMN). About Kinnaras: Kinnaras aims to deliver above average long-term results through application of a deep value investment strategy.  As a result, the Firm focuses on the &#8220;throwaways&#8221; of the equity market, or [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5198&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/11/30/guest-post-imation-corp-nyseimn-worth-more-sold-than-alone/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">greenbackd</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMNGWAcqCapEx1.jpg" medium="image">
			<media:title type="html">IMNGWAcqCapEx</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMNHistComps.jpg" medium="image">
			<media:title type="html">IMNHistComps</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMN2011E2.jpg" medium="image">
			<media:title type="html">IMN2011E</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMNLiq.jpg" medium="image">
			<media:title type="html">IMNLiq</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMNIPDisc.jpg" medium="image">
			<media:title type="html">IMNIPDisc</media:title>
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		<media:content url="http://kinnaras.com/blog2/wp-content/uploads/2011/11/IMNIPPrem1.jpg" medium="image">
			<media:title type="html">IMNIPPrem</media:title>
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		<item>
		<title>Icahn bids for Commercial Metals Company (NYSE:CMC)</title>
		<link>http://greenbackd.com/2011/11/28/icahn-bids-for-commercial-metals-company-nysecmc/</link>
		<comments>http://greenbackd.com/2011/11/28/icahn-bids-for-commercial-metals-company-nysecmc/#comments</comments>
		<pubDate>Mon, 28 Nov 2011 21:49:31 +0000</pubDate>
		<dc:creator>greenbackd</dc:creator>
				<category><![CDATA[Stocks]]></category>

		<guid isPermaLink="false">http://greenbackd.com/?p=5187</guid>
		<description><![CDATA[Carl Icahn submitted a bid today for Commercial Metals Company (NYSE:CMC), a manufacturer and recycler of steel and metal products in the United States and internationally. Icahn submitted the bid by letter (set out below), which prompted an odd response from CMC management (also set out below). Icahn&#8217;s final response (set out last) to CMC&#8217;s press release is vintage [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=greenbackd.com&amp;blog=5581605&amp;post=5187&amp;subd=greenbackd&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://greenbackd.com/2011/11/28/icahn-bids-for-commercial-metals-company-nysecmc/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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