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Archive for the ‘Cannell Capital’ Category

Our posts on ValueVision Media Inc. (NASDAQ:VVTV) attract more attention than any other posts on this site, though we exited the position last year. We initially liked VVTV because it looked like a cheap net net with other potentially valuable assets. That was a mistake. VVTV has huge contractual obligations relative to its current assets.* [...]

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A number of commenters have identified in the notes to ValueVision Media Inc. (NASDAQ:VVTV)’s latest 10Q that VVTV has substantial cash obligations under the cable and satellite agreements and operating leases falling due over the five fiscal years from 2009 to 2012 and not reflect in VVTV’s balance sheet. The worst case scenario is that [...]

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ValueVision Media Inc. (NASDAQ:VVTV), which we posted about on Wednesday last week, has filed its November 10Q. In our earlier post, we wrote that VVTV seemed to us to be one of the better opportunities available because it’s a net net stock (i.e. a stock trading for less than its net current assets) with other [...]

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ValueVision Media Inc. (NASDAQ:VVTV) is exactly the kind of opportunity we like to find: a net net stock with a management taking active steps to rectify the situation. At yesterday’s close of $0.44, VVTV has a market capitalization of $14.8M, which is half its net current asset value of around $29.5M, or $0.88 per share [...]

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The Official Activist Investing Blog has published its list of activist investments for November:

Ticker
Company
Activist Investor

ABTL
Autobytel Inc
Trilogy Inc

ACF
AmeriCredit Corp
Fairholme Capital Management

ACTL
Actel Corp
Ramius Capital

ADPT
Adaptec, Inc
Steel Partners

ARCW
Arc Wireless Solutions
Brean Murray Carret Group

ATSG
Air Transport Services Group
Perella Weinberg Partners

AVGN
Avigen Inc
Biotechnology Value Fund

BBI
Blockbuster Inc
Marlin Sams Fund

BEE
Strategic Hotels & Resorts
Security Capital Research & Management

BITI
Bio-Imaging Technologies
Healthinvest Partners

CHG
CH Energy Group Inc
Gamco Investors

CHIC
Charlotte Russe Holding [...]

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