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Posts Tagged ‘Forward Industries Inc (NASDAQ:FORD)’

Forward Industries Inc (NASDAQ:FORD) position exited

Posted in About, Activist Investors, Forward Industries Inc (NASDAQ:FORD), Liquidation Value, Stocks, tagged , , on April 7, 2010 | Leave a Comment »

I’ve exited the position in Forward Industries Inc (NASDAQ:FORD) at yesterday’s $3.23 close. I opened the position at $1.44 on July 20 last year. The stock is up 124.3% on an absolute basis and up 98% relative to the S&P500. Post mortem We started following FORD (see the post archive here) because it was trading at a discount [...]

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Forward Industries Inc (NASDAQ:FORD) 2009 10K update

Posted in Activist Investors, Forward Industries Inc (NASDAQ:FORD), Net Cash Stocks, Net Net Stocks, Stocks, tagged , , , on December 14, 2009 | 6 Comments »

Forward Industries Inc (NASDAQ:FORD) has filed its 10K for the period ended September 30, 2009. We started following FORD (see the post archive here) because it was trading at a discount to its net cash and liquidation values, although there was no obvious catalyst. Management appeared to be considering a “strategic transaction” of some kind, [...]

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FORD fires its bank, hires another one better able to spend your cash

Posted in Forward Industries Inc (NASDAQ:FORD), Net Cash Stocks, Stocks, tagged , , on October 30, 2009 | Leave a Comment »

Forward Industries Inc (NASDAQ:FORD) has fired its investment and engaged another. It looks like FORD is intent on spending the cash on its balance sheet, which is a shame. Rather than make an acquisition, they should focus on the work on their desk and pay a big dividend. There’s a half chance that the bank [...]

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Forward Industries Inc (NASDAQ:FORD) Q2 update

Posted in Forward Industries Inc (NASDAQ:FORD), Net Cash Stocks, Net Net Stocks, Stocks, tagged , , on August 7, 2009 | Leave a Comment »

Forward Industries Inc (NASDAQ:FORD) has filed its quarterly report for the period ended June 30, 2009. We started following FORD (see our post archive here) because it was trading at a discount to its net cash and liquidation values, although there was no obvious catalyst. Management appeared to be considering a “strategic transaction” of some [...]

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Forward Industries Inc (NASDAQ:FORD)

Posted in Activist Investors, Forward Industries Inc (NASDAQ:FORD), Liquidation Value, Net Cash Stocks, Stocks, Trinad Management, tagged , on July 20, 2009 | 4 Comments »

Forward Industries Inc (NASDAQ:FORD) is a new position for us. We haven’t deviated from our love of deep value (it’s trading at a discount to net cash and liquidation value), but there’s no obvious catalyst in the stock at this stage. Management appears to be considering a “strategic transaction” of some kind, although this might [...]

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