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3 Choices They Have      3-Jun-09 02:15 pm    
1. Management takes the company private (Good!$1-$3)
2. Liquidate the company (I would make money $1-$2)
3. Keep the company as it is (BAD!)

Running at a loss is not a good way to run a business. With management now owning a meaningful portion of the business I hope they will either buy the rest or consider liquidating the company and not wait until they have little left to liquidate. At the very least they should deregister with the SEC and save some of the cost associated with SOX. With $11 million in assets and only $1 million in liabilities this stock is worth more than $0.40 currently. No debt is also a bonus. A great net net situation as I see it. But management will play a key role in unlocking the value.....


Sentiment : Buy
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xyzohmy

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3 Choices They Have
xyzohmy Not rated 3-Jun-09 02:15 pm  
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Sport-Haley Inc. (SPOR.PK)

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On Dec 23: 0.47 0.00 (0.00%)
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