I see almost no one reads this board so, to whom it may concern:

Check out Bill Nasgovitz and Brad Evans performance with Phoenix Footwear Group (AMEX PXG). Heartland is PXG's largest institutional investor owning upwards of 800K shares. The majority of the shares were purchased several years ago in the $5.00+ range. These two so-called investment "experts" have now ridden PXG shares all the way down to $0.16, thus losing millions for investors in the Value Fund.

So when you watch that swell video of Bill Nasgovitz patting himself on the back for being such an amazing financial wizard, remember, he and roughly half his CFA's were nailed by the SEC to the tune of $3.9M for fraud and, Nasgovitz himself was censured for fraud. PXG is a shining example of just how lame Heartland Advisors really is. The loses were totally avoidable and Brad Evans should have been fired a long time ago for negligence.

Be smart, do not invest with Heartland Advisors.