Most activist letters and proxy documents contain heavy arguments about the management and the Board. These arguments range from capital allocation to poison pill.

Many fund managers evaluate a stock when it gets hit by some “headline” issues like fraud, investigation etc. The crux of the research is to figure out whether the “headline problem” is repairable or not.

In order to avoid a costly proxy fight, the company enters into a “settlement agreement” with the activist. Typically, these agreements are filled with legal terms and buried inside the SEC filings. If you pay close attention to the settlement terms, you may discover few interesting scenarios.

In today’s series, we will review three companies: i) Clearone Incorporated ii) KMG Chemicals, Inc. and iii) Lannett Company, Inc….

Nobility Homes is an unknown micro cap company based out of Florida. The company designs, manufactures and sells a broad line of manufactured and modular homes through its own retail sales centers throughout Florida…..

If I were to choose one topic that makes a profound impact on way I look at stocks, it would be “Competitive Advantage”. In this series, you will be presented with a list of a few companies which show “signs” of competitive advantage.