Value Microcaps Motherboard

[erehwontim]

ZNCM / UPG Still scratching my head as to how they were able to pull this deal off and double the market value of the whole package. I suspect ZNCM will drop pretty rapidly because in my experience illiquid stock investments tend to be heavily discounted by the market. Also, I think that UPG is going to sag based on the unexpected little operational problems that tend to pop up from time to time.

Bad Toys ( BTYH )has been trying to pull off a similar deal for the last couple of years although I believe that the spin-off is not going to be an IPO but new shares distributed to shareholders. BTYH is down to .47 from about 2.50 about a year ago when the deal was expected to go through. In the last 4 q's EPS was .16 and free cash was .34 so it goes, I think it'll be a money maker. I have an order in to buy a little at .47. Tim