DLIA: dELiA*s, Inc. CFO and Treasurer : Dick David J. Industry = Catalog & Mail Order Houses 7,500 shares purchased for $ 13,125 @ 1.75 insider ownership = 10.56
current price = $1.81
Mean reversion candidate, 5 year price range was 1.30 to 12.00, 84% off the 5 year high,24% off 52 week high, reasonable balance sheet with a reduction of total debt from 2008
value institutional ownership with T2 partners, Royce
3 insider purchased 87,500 shares from 7/1 to 7/8 for $144,000 at a average price of 1.65
The details were as follows
7/1/2011 Chief Executive Officer : Killough Walter purchased 50,000 shares for 80,000 @$1.6
7/5/2011 President: Jozwick Dyan purchased 6,600 shares for 10,560 @$1.60
7/6/2011 President: Jozwick Dyan purchased 23,400 shares for 40,855 @$1.745
7/7/2011 CFO and Treasurer: Dick David J. purchased 1,780 shares for 3,115 @$1.75
7/8/2011 CFO and Treasurer: Dick David J. purchased 5,720 for 10,010 @$1.75
Enterprise Value = 45 million
Market Cap = 56 million
long small position in this risky retail turnaround potential
SIGM:Sigma Designs, Inc. 10% Ownership : TSAI LUNG C Industry = Semiconductor - Specialized 3,097 shares purchased for $26,090 @8.42 insider ownership = 16.39
current price = $8.59
3 insiders purchased 45,000 shares for $367,946 @average price of 8.18 from 06/01 to 07/07
the details were as follows
7/5/2011: 10% Ownership : TSAI LUNG C purchased 11,903 shares for $93,950 @7.89
7/7/2011: 10% Ownership : TSAI LUNG C purchased 3,097 shares for $26,090 @8.42
6/10/2011: President & CEO : TRAN THINH purchased 20,000 shares for $158,243 @7.91
6/1/2011: 10% Ownership : ALMON WILLIAM purchased 10,000 shares for $89,663 @ 8.97
Mean reversion candidate with a historcal cheap valuation
Historically cheap EV/Sales = .77 and P/B = .70
88% off 5 year high: 5 year range 6.93-73.00; 52 week range = 7.44-15.02
Enterprise Value = 159 million
Market Cap = 274 million
small long position for this potential price turnaround
