National Holdings Corporation (NHLD)

[persistentone]

Illegal_alias said
"Do you think the lawsuits are dragging the price down?"

I think the problem is two fold:

1) The company got rid of its most profitable business. How much money can they actually earn now? I am now sure anyone knows, but based on Dec 2014 quarter it is not a lot. I think that puts them into a mode where they get revalued against unknown future earnings.

2) They have more lawsuits now than before and that does represent some risk.

I chose to sell out and take a loss. I will wait for another earnings release and let's see if they are reasonably valued against the new earnings.

I do believe this ends up with a buyout, and management is finally onboard about that.