A few comments that support looking further
MAG (Magnetek) Price = $1.00; market cap = 31 million
Mean reversion, value institutions with recent buys ie Heartland, recent insider buying, new alternative energy orders
LUB (Lubys) Price = $3.95 market cap = 109 million
Real estate greater than market value, new acquisition acquired in bankruptcy, mean reversion, low interest financing for new deal, margin of safety
TIXC (Tix Corporation) Price = $1.16; market cap = 36 million
Improved operating results, solid cash flow and strong balance sheet, material share buybacks, mean reversion
NOOF (New Frontier Media) Price = $1.57 ; market cap = 30 million
Large share buybacks, reduced share count, mean reversion, outstanding and consistent FCF, improving results based on cash flow, strong balance sheet