March 1, 2009 marked the end of Greenbackd’s first quarter, so we thought we’d take the opportunity to update you on the performance of the Greenbackd Portfolio and the positions in the portfolio, discuss some changes in our valuation methodology since our first post and outline the future direction of Greenbackd.com. First quarter performance of [...]
Archive for the ‘Ditech Networks Inc (NASDAQ:DITC)’ Category
Ditech Networks Inc (NASDAQ:DITC)
Posted in Activist Investors, Ditech Networks Inc (NASDAQ:DITC), Lamassu Holdings LLC, Net Cash Stocks, Stocks, tagged Activist investment, Ditech Networks Inc (NASDAQ:DITC), Lamassu Holdings LLC, Liquidating Value, Net Cash Stock on February 19, 2009 | Leave a Comment »
Ditech Networks Inc (NASDAQ:DITC) is a stock trading well below its net cash value with an investor, Lamassu Holdings LLC, disclosing a 9.4% holding in November last year. At yesterday’s closing price of $0.89, the company has a market capitalization of $23.3M. We estimate the net cash value to be more than 60% higher at [...]

