Micro Cap Potential Value Thoughts 09/03/13

Has FreightCar America Inc. (RAIL) bottomed? RAIL now trades near its 52 week low. CFO and Treasury reported (09/03/13 Tuesday) the purchase of 3,000 shares for 54,420. This was for an average price of 18.14 below today’s (09/03/13) closing price of 17.98. This is in addition to multiple insider purchases during August 2013. 10% of the shares are owned by value investing shop Heartland and 5% by Royce all at higher prices.
“FreightCar America, Inc., designs, manufactures, and sells aluminum-bodied and steel-bodied railcars in North America, Latin America, and the Middle East. It operates in two segments, Manufacturing and Services. The company offers coal cars, bulk commodity cars, flat cars, mill gondola cars, intermodal cars, coil steel cars, and motor vehicle carriers. It also refurbishes and rebuilds railcars; and sells forged, cast, and fabricated parts for various railcars. In addition, the company provides general railcar repair and maintenance, inspections, and railcar fleet management services for various types of freight-carrying railcars; and leases freight cars. Its customers primarily include railroads, financial institutions, and shippers. The company was founded in 1901 and is headquartered in Chicago, Illinois.” Source Yahoo

zipRealty Inc. (ZIPR) is a online real estate brokerage providing consumers data on real estate for sale.
10% Ownership : Osmium Partners, LLC added 62,209 more shares for 266,880 at an average price of 4.29.

Blyth, Inc. (BTH)is a direct to consumer marketing company. The company operates in three segments: Health & Wellness, Candles & Home D├ęcor, and Catalog & Internet.

VP Blair Ryan reported the purchase today (09/03/13) of 20,000 for 183,000 at an average price of 9.15.

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