Micro Cap Deep Value with Growth

I first mentioned INOD (Innodata) on  March under a post called valuation improvements overlooked. The  price then was 2.49.

http://shadowstock.blogspot.com/2011/03/value-improvements-overlooked.html

The stock now sits at $3.25 off the 52 week high of $7.35. I want to do a quick introduction before waiting another day.

This 84 million market cap with only  a 57 million enterprise value has strong financial results. The major risk is customer concentration.