Palm Harbor Homes (fka PHHMQ)

[cosmicschool]

Just read the blog below - This could be the reason why they haven't sold the shares for a "Loss" yet...

"CSWC owns significant equity positions in four publicly traded companies(Alamo Group Inc., Encore Wire Corporation, Palm Harbor Homes, Inc., and Heelys,Inc.). Although CSWC has held these stakes for many years, it has chosen not to exercise its registration rights with respect to these securities and,therefore, it values these stakes at significant discounts (generally 30% or more) to their end-of-quarter market prices. Further, as a result of its affiliate's status, the failure to register the shares does not permit CSWC to sell a significant portion of its position when market conditions warrant"

http://seekingalpha.com/article/44914-capital-southwest-ned-sherwood-discloses-6-6-stake-wants-company-liquidated