In March I highlighted an investment strategy I first read about in a Spring 1999 research report called Wall Street’s Endangered Species by Daniel J. Donoghue, Michael R. Murphy and Mark Buckley, then at Piper Jaffray and now at Discovery Group, a firm founded by Donoghue and Murphy (see also Performance of Darwin’s Darlings). The premise, simply stated, is [...]
Archive for the ‘Chromcraft Revington (AMEX:CRC)’ Category
Endangered species update: The extinct, the survivors, and the new watch list
Posted in About, Activist Investors, Catalysts, Chromcraft Revington (AMEX:CRC), Stocks, tagged Activist investment, Catalysts, Chromcraft Revington Inc (AMEX:CRC), Darwin's darlings, Endangered species update, Value Investment on April 13, 2010 | 1 Comment »
Chromcraft Revington (AMEX:CRC)
Posted in Activist Investors, Aldebran Capital, Chromcraft Revington (AMEX:CRC), Net Cash Stocks, Net Net Stocks, Stocks, tagged distressed investing, Liquidating Value, Net Current Asset Value, Net Net Stock, Net Quick Value on December 9, 2008 | 1 Comment »
Chromcraft Revington (AMEX:CRC) is a tiny, AMEX-listed net-net stock with a substantial stockholder calling for its sale or orderly liquidation. CRC has a market capitalization of only $2.8M, but the company’s written-down net current asset value is much higher at around $15M. The only problem? The company is in a liquidity crisis and risks entering [...]

