6/23/2011

Insider purchases today (06/23/11) Why are they worth a closer look

these are not recommendations but only additional data for today's value based insider buys.

Click to view quotes on the ideas below

ICCC: 23 million market cap doubles over the prior 3 month and insider steps foward to purchase more shares.

"Marketwire - 06/09/11) - ImmuCell Corporation (NASDAQ:ICCC - News) today announced that the Center for Veterinary Medicine, U.S. Food and Drug Administration (FDA) has accepted the pivotal Nisin residue data in milk and has assigned a zero milk discard time and zero meat withdrawal period. These 'claims' are subject to obtaining the Human Food Safety (HFS) Technical Section Complete Letter and ultimately approval of the New Animal Drug Application (NADA)."

ICCC ImmuCell Corp. 10% Ownership : Tomsche David Scott industry = Diagnostic Substances 2322 shares purchased for 14,497 @6.24
i've mentioned ICCC many times and still own the stock:
please click to view

HNH: HNH: Handy & Harman Ltd
Current Price = 15.94
52wk Range: 3.85 - 16.32
5 year range: 1.10-103.00

strong pattern of recent insider buying, value based institutions holding shares KENNEDY CAPITAL MANAGEMENT, GAMCO INVESTORS, GABELLI FUNDS, LICHTENSTEIN WARREN, BERTOLET CAPITAL TR-PINNACLE VALUE FD
insider ownership =  11.87%
Increasing revenues 21.80%  quarterly YOY
improving gross margins of 26.6% for the TTM versus 18.8% (2007), 20.8% (2008), 24.3% (2009) 26.8% (2010)

Quick ratio = .65
Tonight's (06/23/11) Insider buys
10% owner purchased 1,000 shares for 14,258 @ 14.24
Prior mentions of HNH click to review


OCC   Optical Cable Corporation      10% Ownership : WEBER CRAIG H        purchased   11,600  shares for  47,034  @ 4.07 
Profitable ROIC was 6.58 after two years of negative ROIC.

EV/EBITDA = 5.27
EV/Revenue = 0.46
YOY quarterly revenue growth = 12.60%

1% current dividend yield
23 acres of land near the Roanoke, Virginia airport and major trucking company facilities along with a building

Market Cap = 26 million
SPAN    Span-America Medical    10% Ownership : LEE DAN R       Medical Appliances & Equipment  500  shares purchased for  7,699  @16.28

Market cap = 41 million
EBITDA/EV = 5.25
current dividend yield = 3%
cash per share = 2.06

 PZZI    Pizza Inn, Inc. Senior Vice President & COO : Jobe Madison      industry = Restaurants     5,000 shares purchased for 12,500  @ 2.5

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