| Released Date | January | January | ||||||
| Research | (Price dt is | 6-12 Mth | Dec-15 | Jan-15 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 34.00 | $ 26.98 | $ 22.85 | -15.31% | -8.85% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 20.00 | $ 17.40 | $ 13.85 | -20.40% | -8.85% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 23.00 | $ 18.85 | $ 16.93 | -10.19% | -8.85% |
| Astro-Med | ALOT | Buy | 06/08/15 | $ 23.00 | $ 14.45 | $ 15.69 | 8.58% | -8.85% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 19.90 | $ 17.42 | -12.46% | -8.85% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 7.29 | $ 7.10 | -2.61% | -8.85% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 60.80 | $ 56.14 | -7.66% | -8.85% |
| Cambrex | CBM | Buy | 05/29/15 | $ 63.00 | $ 47.09 | $ 34.64 | -26.44% | -8.85% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 7.78 | $ 6.76 | -13.11% | -8.85% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 77.59 | $ 69.26 | -10.74% | -8.85% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 20.00 | $ 12.83 | $ 10.83 | -15.59% | -8.85% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 50.00 | $ 44.18 | $ 43.62 | -1.27% | -8.85% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 7.00 | $ 3.17 | $ 1.75 | -44.79% | -10.70% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 16.30 | $ 13.15 | -19.33% | -8.85% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 5.00 | $ 3.24 | $ 3.42 | 5.56% | -8.85% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 48.00 | $ 36.69 | $ 32.00 | -12.78% | -8.85% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 54.31 | $ 49.85 | -8.21% | -8.85% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.40 | $ 0.52 | $ 0.48 | -7.69% | -8.85% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 39.00 | $ 33.46 | $ 28.19 | -15.75% | -8.85% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 9.00 | $ 9.63 | 7.00% | 3.81% |
| JMP Group | JMP | Buy | 12/08/14 | $ 9.00 | $ 5.46 | $ 5.51 | 0.92% | -8.85% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 16.50 | $ 11.67 | $ 10.12 | -13.28% | -8.85% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 5.53 | $ 5.68 | 2.71% | -8.85% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 22.00 | $ 14.32 | $ 10.66 | -25.56% | -8.85% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 9.80 | $ 9.24 | -5.71% | -8.85% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 5.38 | $ 4.75 | -11.71% | -8.85% |
| REX American Resources | REX | Buy | 12/04/14 | $ 67.50 | $ 54.07 | $ 53.43 | -1.18% | -8.85% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 4.98 | $ 3.89 | -21.89% | -8.85% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 8.29 | $ 6.45 | -22.20% | -8.85% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 30.00 | $ 19.99 | $ 17.14 | -14.26% | -8.85% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 116.00 | $ 109.61 | $ 93.82 | -14.41% | -8.85% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 12.39 | $ 10.52 | -15.09% | -8.85% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 16.73 | $ 15.50 | -7.35% | -8.85% |
| Total (Average) | -11.28% | -8.52% | ||||||
| January Performance | -11.28% | -8.85% | ||||||
| February Performance | ||||||||
| March Performance | ||||||||
| April Performance | ||||||||
| May Performance | ||||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -11.28% | -8.85% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index January 2016
February 1, 2016 By
Monthly Index April 2015
May 1, 2015 By
| Company | Ticker | Research Call |
Released Date (Price dt is one day before) |
6-12 Mth Target |
Mar-15 Price |
Apr-15 Price |
April Return Performance |
April Russell 2000 Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 27.00 | $ 21.98 | $ 19.38 | -11.83% | -1.07% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 18.27 | $ 18.46 | 1.04% | -1.07% |
| American Electric Technologies | AETI | Buy | 08/27/14 | $ 7.50 | $ 4.20 | $ 5.39 | 28.33% | -1.07% |
| Argan, Inc | AGX | BUY | 10/21/14 | $ 41.00 | $ 36.17 | $ 32.31 | -10.67% | -1.07% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 19.00 | $ 17.69 | $ 18.45 | 4.30% | -1.07% |
| Aviat Networks | AVNW | Buy – V | 04/29/14 | $ 2.10 | $ 1.18 | $ 1.14 | -3.39% | -1.07% |
| Balchem | BCPC | Buy | 04/01/15 | $ 80.00 | $ 55.38 | $ 52.42 | -5.34% | -1.07% |
| Black Box | BBOX | Buy | 08/08/14 | $ 29.00 | $ 20.84 | $ 19.90 | -4.51% | -1.07% |
| Checkpoint Systems | CKP | Buy | 09/22/14 | $ 18.00 | $ 10.82 | $ 10.36 | -4.25% | -1.07% |
| Comstock Mining | LODE | Buy | 04/22/14 | $ 2.25 | $ 0.61 | $ 0.76 | 24.75% | -1.07% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 17.00 | $ 17.17 | $ 21.88 | 27.43% | -1.07% |
| Edgewater | EDGW | Buy | 09/18/14 | $ 9.00 | $ 6.81 | $ 7.05 | 3.52% | -1.07% |
| Female Health Company | FHCO | Buy | 12/10/14 | $ 7.50 | $ 2.77 | $ 2.92 | 5.42% | -1.07% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 42.50 | $ 31.15 | $ 36.01 | 15.60% | -1.07% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 6.30 | $ 5.42 | $ 5.34 | -1.48% | -1.07% |
| GSI Group | GSIG | Buy | 01/09/12 | $ 16.00 | $ 13.37 | $ 13.28 | -0.67% | -1.07% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.50 | $ 0.72 | $ 0.69 | -3.50% | -3.57% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 29.00 | $ 29.75 | $ 32.10 | 7.90% | -1.07% |
| JMP Group | JMP | Buy | 12/08/14 | $ 11.00 | $ 8.36 | $ 7.70 | -7.89% | -1.07% |
| KMG Chemicals | KMG | Buy | 12/27/15 | $ 34.00 | $ 26.73 | $ 29.28 | 9.54% | -1.07% |
| LSB Industries | LXU | Buy | 09/28/12 | $ 45.00 | $ 41.33 | $ 42.41 | 2.61% | -1.07% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.47 | $ 6.42 | -0.77% | -2.60% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 20.00 | $ 16.53 | $ 17.04 | 3.09% | -1.07% |
| NN, Inc. | NNBR | Buy | 07/20/12 | $ 37.00 | $ 25.10 | $ 25.16 | 0.24% | -1.07% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 14.00 | $ 11.44 | $ 11.03 | -3.58% | -1.07% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 5.61 | $ 5.12 | -8.82% | -1.07% |
| REX American Resources | REX | Buy | 12/04/14 | $ 105.00 | $ 60.81 | $ 63.22 | 3.96% | -1.07% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 12.00 | $ 6.18 | $ 4.88 | -21.04% | -1.07% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 5.49 | $ 6.34 | 15.48% | -1.07% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 33.00 | $ 24.50 | $ 25.77 | 5.18% | -1.07% |
| Supercom | SPCB | Buy | 03/31/15 | $ 13.25 | $ 8.43 | $ 12.16 | 44.25% | -1.07% |
| TESSCO Technologies | TESS | Buy | 12/31/12 | $ 35.00 | $ 24.72 | $ 25.27 | 2.22% | -1.07% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 12.20 | $ 12.00 | -1.64% | -1.07% |
| Vertex Energy | VTNR | Buy | 07/22/13 | $ 5.00 | $ 3.70 | $ 2.16 | -41.62% | -1.07% |
| Viad Corp. | VVI | Buy | 08/01/13 | $ 33.00 | $ 27.82 | $ 26.57 | -4.49% | -1.07% |
| Vulcan Materials | VMC | Sell | 06/12/13 | $ 40.00 | $ 84.30 | $ 85.52 | -1.45% | -1.07% |
| Total (Average) | 1.89% | -1.19% | ||||||
| January Performance | -5.52% | -3.21% | ||||||
| February Performance | 2.94% | 5.67% | ||||||
| March Performance | -1.70% | 1.39% | ||||||
| April Performance | 1.89% | -1.19% | ||||||
| May Performance | 2.41% | 2.38% | ||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -1.45% | 2.47% | ||||||
| (1) Adjusted for dividends | ||||||||