8/03/2010

BDR: Blonder Tongue Laboratories; up 71% today!!

What a lucky day up for BDR share holders!! The price move was inspired by outstanding results reported today with huge gross margins improvements, market traction with their latest product line, extremely low float for this 14 million market cap and 12 million enterprise value. Insiders own 43.04% of the company. I still hold a few shares.


BDR was mentioned on the following days

Thursday, June 10, 2010; Wednesday, June 9, 2010 ; Thursday, May 27, 2010; and Tuesday, May 25, 2010

Most of discussion was prompted by the unlikely diversified insider buys as a nano cap with a clean capital structure.

Thursday, May 27, 2010 ; “05/27/10 must take a closer look ideas

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“BDR: 3,325 shares reported purchased today at 1.25 along with additional small buys over the past week, Gross profit/ Enterprise value = 92.89%, stable or slight reduction in share count from 2004 to TTM, quarterly year over year revenue decline of 37%, 22% stock decline over the past year, 57% off the 5 year high, enterprise value of 13 million, building with 130000 square feet coupled with 20 acres of land in Old Bridge New Jersey, Old Bridge NJ is a high real estate value location located very close to NYC and adds some margin of safety to offset the weak balance sheet of this closely held nano cap.”

Needs more work but most investors will take the thoughts and develop their own conclusions.

Good Luck

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