| Released Date | July | July | ||||||
| Research | (Price dt is | 6-12 Mth | Jun-16 | Jul-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 30.00 | $ 21.89 | $ 25.71 | 17.45% | 5.90% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 18.30 | $ 21.66 | 18.36% | 5.90% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 16.18 | $ 17.06 | 5.44% | 5.90% |
| Anika Therapeutics | ANIK | Buy | 06/27/12 | $ 60.00 | $ 53.65 | $ 49.92 | -6.95% | 5.90% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 5.81 | $ 6.51 | 12.05% | 5.90% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 59.65 | $ 63.87 | 7.07% | 5.90% |
| Banco Latinamericano de Exportaciones | BLX | Buy | 04/03/08 | $ 32.00 | $ 26.50 | $ 27.32 | 3.09% | 5.90% |
| Cambrex | CBM | Drop | 05/29/15 | $ 60.00 | $ 51.73 | $ 56.23 | 8.70% | 5.03% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 6.23 | $ 6.38 | 2.41% | 5.90% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 78.99 | $ 88.05 | 11.47% | 5.90% |
| Core Molding Technologies | CMT | Drop | 12/08/14 | $ 16.00 | $ 13.65 | $ 15.76 | 15.46% | 5.03% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.50 | $ 41.20 | $ 43.67 | -6.00% | 5.90% |
| Emergent BioSolutions | EBS | Buy | 03/28/16 | $ 44.00 | $ 28.12 | $ 33.39 | 18.74% | 5.90% |
| Encore Wire | WIRE | Buy | 03/28/16 | $ 47.00 | $ 37.28 | $ 37.53 | 0.67% | 5.90% |
| GoDaddy | GDDY | SELL | 04/05/16 | $ 21.50 | $ 31.19 | $ 29.92 | 4.07% | 5.90% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 10.85 | $ 9.90 | -8.76% | 5.90% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 3.80 | $ 1.59 | $ 1.66 | 4.40% | 5.90% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 32.08 | $ 37.98 | 18.39% | 5.90% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 45.99 | $ 50.27 | 9.31% | 5.90% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 0.80 | $ 0.50 | $ 0.52 | 4.00% | 5.90% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 27.29 | $ 29.14 | 6.78% | 5.90% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 14.79 | $ 16.21 | 9.60% | 5.90% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.43 | $ 5.42 | -0.18% | 5.90% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 12.17 | $ 12.56 | 3.20% | 5.90% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 16.50 | $ 8.67 | $ 10.14 | 16.96% | 5.90% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.63 | $ 7.41 | 11.76% | 5.90% |
| Mulit-Color | LABL | Buy | 07/30/13 | $ 67.00 | $ 63.40 | $ 64.58 | 1.86% | 5.90% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 16.00 | $ 12.72 | $ 13.05 | 2.59% | 5.90% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 10.94 | $ 11.27 | 3.02% | 5.90% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 7.22 | $ 7.57 | 4.85% | 5.90% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 16.00 | $ 14.56 | $ 13.37 | -8.17% | 5.90% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 115.00 | $ 87.42 | $ 75.81 | -13.28% | 5.90% |
| StealthGass | GASS | Buy | 04/29/16 | $ 7.00 | $ 3.78 | $ 3.56 | -5.82% | 5.90% |
| Trecora | TREC | Buy | 09/01/11 | $ 18.00 | $ 10.43 | $ 11.43 | 9.59% | 5.90% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 25.00 | $ 16.39 | $ 16.71 | 1.95% | 5.90% |
| Total (Average) | 5.26% | 5.85% | ||||||
| January Performance | -10.23% | -8.85% | ||||||
| February Performance | 3.50% | -0.14% | ||||||
| March Performance | 3.14% | 7.62% | ||||||
| April Performance | 1.49% | 1.51% | ||||||
| May Performance | -0.70% | 2.12% | ||||||
| June Performance | 0.37% | -0.25% | ||||||
| July Performance | 5.26% | 5.90% | ||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | 2.03% | 7.40% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index July 2016
August 22, 2016 By
Monthly Index June 2016
July 13, 2016 By
| Released Date | June | June | ||||||
| Research | (Price dt is | 6-12 Mth | May-16 | Jun-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 30.00 | $ 22.31 | $ 21.89 | -1.88% | -0.25% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 18.06 | $ 18.30 | 1.33% | -0.25% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 15.98 | $ 16.18 | 1.25% | -0.25% |
| Anika Therapeutics | ANIK | Buy | 06/27/12 | $ 60.00 | $ 47.32 | $ 53.65 | 13.38% | -0.25% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 5.95 | $ 5.81 | -2.35% | -0.25% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 59.95 | $ 59.65 | -0.50% | -0.25% |
| Banco Latinamericano de Exportaciones | BLX | Buy | 04/03/08 | $ 32.00 | $ 26.68 | $ 26.50 | -0.67% | -0.25% |
| Cambrex | CBM | Buy | 05/29/15 | $ 60.00 | $ 48.91 | $ 51.73 | 5.77% | -0.25% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 5.70 | $ 6.23 | 9.30% | -0.25% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 85.95 | $ 78.99 | -8.10% | -0.25% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 16.00 | $ 12.61 | $ 13.65 | 8.25% | -0.25% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.50 | $ 45.76 | $ 41.20 | 9.97% | -0.25% |
| Emergent BioSolutions | EBS | Buy | 03/28/16 | $ 44.00 | $ 43.88 | $ 28.12 | -35.92% | -0.25% |
| Encore Wire | WIRE | Buy | 03/28/16 | $ 47.00 | $ 38.99 | $ 37.28 | -4.39% | -0.25% |
| GoDaddy | GDDY | SELL | 04/05/16 | $ 21.50 | $ 32.52 | $ 31.19 | 4.09% | -0.25% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 11.82 | $ 10.85 | -8.21% | -0.25% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 3.80 | $ 0.99 | $ 1.59 | 60.61% | -0.25% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 28.82 | $ 32.08 | 11.31% | -0.25% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 48.56 | $ 45.99 | -5.29% | -0.25% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 0.80 | $ 0.54 | $ 0.50 | -7.41% | -0.25% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 27.89 | $ 27.29 | -2.15% | -0.25% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 13.80 | $ 14.79 | 7.17% | -0.25% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.40 | $ 5.43 | 0.56% | -0.25% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 12.49 | $ 12.17 | -2.56% | -0.25% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 16.50 | $ 8.82 | $ 8.67 | -1.70% | -0.25% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.93 | $ 6.63 | -4.33% | -0.25% |
| Mulit-Color | LABL | Buy | 07/30/13 | $ 67.00 | $ 62.35 | $ 63.40 | 1.68% | -0.25% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 16.00 | $ 13.08 | $ 12.72 | -2.75% | -0.25% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 11.86 | $ 10.94 | -7.76% | -0.25% |
| Reed’s | REED | Drop | 10/23/13 | $ 9.50 | $ 3.34 | $ 2.56 | -23.35% | 0.25% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 6.61 | $ 7.22 | 9.23% | -0.25% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 16.00 | $ 12.12 | $ 14.56 | 20.13% | -0.25% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 115.00 | $ 90.99 | $ 87.42 | -3.92% | -0.25% |
| StealthGass | GASS | Buy | 04/29/16 | $ 7.00 | $ 4.69 | $ 3.78 | -19.40% | -0.25% |
| Trecora | TREC | Buy | 09/01/11 | $ 18.00 | $ 11.25 | $ 10.43 | -7.29% | -0.25% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 25.00 | $ 16.53 | $ 16.39 | -0.85% | -0.25% |
| Total (Average) | 0.37% | -0.23% | ||||||
| January Performance | -10.23% | -8.85% | ||||||
| February Performance | 3.50% | -0.14% | ||||||
| March Performance | 3.14% | 7.62% | ||||||
| April Performance | 1.49% | 1.51% | ||||||
| May Performance | -0.70% | 2.12% | ||||||
| June Performance | 0.37% | -0.25% | ||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -3.07% | 1.41% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index May 2016
June 20, 2016 By
| Released Date | May | May | ||||||
| Research | (Price dt is | 6-12 Mth | Apr-16 | May-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 30.00 | $ 22.43 | $ 22.31 | -0.53% | 2.12% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 16.78 | $ 18.06 | 7.63% | 2.12% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 20.48 | $ 15.98 | -21.97% | 2.12% |
| Anika Therapeutics | ANIK | Buy | 06/27/12 | $ 60.00 | $ 45.66 | $ 47.32 | 3.64% | 2.12% |
| Astro-Med Inc. | ALOT | Drop | 06/08/15 | $ 23.00 | $ 14.35 | $ 14.71 | 2.51% | 1.73% |
| Atlas Financial | AFH | Drop | 10/24/13 | $ 24.00 | $ 17.57 | $ 18.13 | 3.19% | -2.51% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 5.58 | $ 5.95 | 6.63% | 2.12% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 61.36 | $ 59.95 | -2.30% | 2.12% |
| Banco Latinamericano de Exportaciones | BLX | Buy | 04/03/08 | $ 32.00 | $ 25.86 | $ 26.68 | 3.17% | 2.12% |
| Cambrex | CBM | Buy | 05/29/15 | $ 60.00 | $ 48.24 | $ 48.91 | 1.39% | 2.12% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 5.97 | $ 5.70 | -4.52% | 2.12% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 77.11 | $ 85.95 | 11.46% | 2.12% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 16.00 | $ 11.73 | $ 12.61 | 7.50% | 2.12% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.50 | $ 43.61 | $ 45.76 | -4.93% | 2.12% |
| Emergent BioSolutions | EBS | Buy | 03/28/16 | $ 44.00 | $ 38.52 | $ 43.88 | 13.91% | 2.12% |
| Encore Wire | WIRE | Buy | 03/28/16 | $ 47.00 | $ 38.61 | $ 38.99 | 0.98% | 0.38% |
| Flexsteel | FLXS | Drop | 01/17/14 | $ 50.00 | $ 40.89 | $ 42.08 | 2.91% | 1.73% |
| GoDaddy | GDDY | SELL | 04/05/16 | $ 21.50 | $ 30.37 | $ 32.52 | -7.08% | 2.12% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 12.85 | $ 11.82 | -8.02% | 2.12% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 5.00 | $ 1.82 | $ 0.99 | -45.60% | 2.12% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 37.53 | $ 28.82 | -23.21% | 2.12% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 48.36 | $ 48.56 | 0.41% | 2.12% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 0.80 | $ 0.59 | $ 0.54 | -8.47% | 2.12% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 27.30 | $ 27.89 | 2.16% | 2.12% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 11.45 | $ 13.80 | 20.52% | 2.12% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.15 | $ 5.40 | 4.85% | 2.12% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 10.72 | $ 12.49 | 16.51% | 2.12% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 16.50 | $ 8.69 | $ 8.82 | 1.50% | 2.12% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.68 | $ 6.93 | 3.74% | 2.12% |
| Mulit-Color | LABL | Buy | 07/30/13 | $ 67.00 | $ 59.83 | $ 62.35 | 4.21% | 2.12% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 16.00 | $ 12.69 | $ 13.08 | 3.07% | 2.12% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 11.05 | $ 11.86 | 7.33% | 2.12% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 4.51 | $ 3.34 | -25.94% | 2.12% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 7.77 | $ 6.61 | -14.93% | 2.12% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 16.00 | $ 13.96 | $ 12.12 | -13.18% | 2.12% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 115.00 | $ 82.36 | $ 90.99 | 10.48% | 2.12% |
| StealthGass | GASS | Buy | 04/29/16 | $ 7.00 | $ 3.91 | $ 4.69 | 19.95% | 2.12% |
| Trecora | TREC | Buy | 09/01/11 | $ 18.00 | $ 11.45 | $ 11.25 | -1.75% | 2.12% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 25.00 | $ 17.33 | $ 16.53 | -4.62% | 2.12% |
| Total (Average) | -0.70% | 1.93% | ||||||
| January Performance | -10.23% | -8.85% | ||||||
| February Performance | 3.50% | -0.14% | ||||||
| March Performance | 3.14% | 7.62% | ||||||
| April Performance | 1.49% | 1.51% | ||||||
| May Performance | -0.70% | 2.12% | ||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -3.42% | 1.67% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index April 2016
May 16, 2016 By
| Released Date | April | April | ||||||
| Research | (Price dt is | 6-12 Mth | Mar-16 | Apr-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 30.00 | $ 23.56 | $ 22.43 | -4.80% | 1.51% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 16.34 | $ 16.78 | 2.69% | 1.51% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 19.90 | $ 20.48 | 2.91% | 1.51% |
| Anika Therapeutics | ANIK | Buy | 06/27/12 | $ 60.00 | $ 44.72 | $ 45.66 | 2.10% | 1.51% |
| Astro-Med Inc. | ALOT | Buy | 06/08/15 | $ 23.00 | $ 13.86 | $ 14.35 | 3.54% | 1.51% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 18.14 | $ 17.57 | -3.14% | 1.51% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 6.76 | $ 5.58 | -17.46% | 1.51% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 62.02 | $ 61.36 | -1.06% | 1.51% |
| Banco Latinamericano de Exportaciones | BLX | Buy | 04/03/08 | $ 32.00 | $ 24.22 | $ 25.86 | 6.77% | 1.51% |
| Cambrex | CBM | Buy | 05/29/15 | $ 60.00 | $ 44.00 | $ 48.24 | 9.64% | 1.51% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 6.16 | $ 5.97 | -3.08% | 1.51% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 71.84 | $ 77.11 | 7.34% | 1.51% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 16.00 | $ 12.48 | $ 11.73 | -6.01% | 1.51% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.50 | $ 44.26 | $ 43.61 | 1.47% | 1.51% |
| Emergent BioSolutions | EBS | Buy | 03/28/16 | $ 44.00 | $ 36.35 | $ 38.52 | 5.97% | 1.51% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 50.00 | $ 43.68 | $ 40.89 | -6.39% | 1.51% |
| GoDaddy | GDDY | SELL | 04/05/16 | $ 21.50 | $ 32.46 | $ 30.37 | 6.44% | 2.01% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 11.72 | $ 12.85 | 9.64% | 1.51% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 5.00 | $ 2.53 | $ 1.82 | -28.06% | 1.51% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 36.50 | $ 37.53 | 2.82% | 1.51% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 43.36 | $ 48.36 | 11.53% | 1.51% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 0.80 | $ 0.56 | $ 0.59 | 5.36% | 1.51% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 26.73 | $ 27.30 | 2.13% | 1.51% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 10.22 | $ 11.45 | 12.04% | 1.51% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.23 | $ 5.15 | -1.53% | 1.51% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 11.32 | $ 10.72 | -5.30% | 1.51% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 17.50 | $ 12.27 | $ 8.69 | -29.18% | 1.51% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.77 | $ 6.68 | -1.33% | 1.51% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 16.00 | $ 12.50 | $ 12.69 | 1.52% | 1.51% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 10.41 | $ 11.05 | 6.15% | 1.51% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 4.67 | $ 4.51 | -3.43% | 1.51% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 5.76 | $ 7.77 | 34.90% | 1.51% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 16.00 | $ 11.10 | $ 13.96 | 25.77% | 1.51% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 125.00 | $ 106.28 | $ 82.36 | -22.51% | 1.51% |
| StealthGass | GASS | Buy | 04/29/16 | $ 7.00 | $ 4.06 | $ 3.91 | -3.69% | -0.84% |
| Trecora | TREC | Buy | 09/01/11 | $ 18.00 | $ 9.62 | $ 11.45 | 19.02% | 1.51% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 25.00 | $ 15.40 | $ 17.33 | 12.53% | 1.51% |
| Total (Average) | 4.01% | -0.15% | ||||||
| January Performance | -10.23% | -8.85% | ||||||
| February Performance | 3.50% | -0.14% | ||||||
| March Performance | 3.14% | 7.62% | ||||||
| April Performance | 1.49% | 1.51% | ||||||
| May Performance | ||||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -2.74% | -0.44% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index March 2016
April 12, 2016 By
| Released Date | March | March | ||||||
| Research | (Price dt is | 6-12 Mth | Feb-16 | Mar-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 34.00 | $ 21.45 | $ 23.56 | 9.84% | 7.75% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 15.28 | $ 16.34 | 6.94% | 7.75% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 21.73 | $ 19.90 | -8.42% | 7.75% |
| Astro-Med Inc. | ALOT | Buy | 06/08/15 | $ 23.00 | $ 13.41 | $ 13.86 | 3.36% | 7.75% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 17.97 | $ 18.14 | 0.95% | 7.75% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 7.65 | $ 6.76 | -11.63% | 7.75% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 63.27 | $ 62.02 | -1.98% | 7.75% |
| Cambrex | CBM | Buy | 05/29/15 | $ 60.00 | $ 38.57 | $ 44.00 | 14.08% | 7.75% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 6.73 | $ 6.16 | -8.47% | 7.75% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 73.25 | $ 71.84 | -1.92% | 7.75% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 16.00 | $ 11.38 | $ 12.48 | 9.67% | 7.75% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.50 | $ 40.92 | $ 44.26 | -8.16% | 7.75% |
| Emergent BioSolutions | EBS | Buy | 03/28/16 | $ 44.00 | $ 33.75 | $ 36.35 | 7.70% | 3.19% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 50.00 | $ 40.83 | $ 43.68 | 6.98% | 7.75% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 11.54 | $ 11.72 | 1.56% | 7.75% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 5.00 | $ 3.09 | $ 2.53 | -18.12% | 7.75% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 30.80 | $ 36.50 | 18.51% | 7.75% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 43.40 | $ 43.36 | -0.09% | 7.75% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.40 | $ 0.48 | $ 0.56 | 16.67% | 7.75% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 25.53 | $ 26.73 | 4.70% | 7.75% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 10.19 | $ 10.22 | 0.29% | 7.75% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.00 | $ 5.23 | 4.60% | 7.75% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 11.30 | $ 11.32 | 0.18% | 7.75% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 17.50 | $ 11.92 | $ 12.27 | 2.94% | 7.75% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.98 | $ 6.77 | -3.01% | 7.75% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 16.00 | $ 10.50 | $ 12.50 | 19.05% | 7.75% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 10.68 | $ 10.41 | -2.53% | 7.75% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 5.05 | $ 4.67 | -7.52% | 7.75% |
| REX American Resources | REX | Buy | 12/04/14 | $ 60.00 | $ 50.50 | $ 55.47 | 9.84% | 7.75% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 4.81 | $ 5.76 | 19.75% | 7.75% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 9.27 | $ 11.10 | 19.74% | 7.75% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 125.00 | $ 118.53 | $ 106.28 | -10.33% | 7.75% |
| Trecora | TREC | Buy | 09/01/11 | $ 18.00 | $ 9.66 | $ 9.62 | -0.41% | 7.75% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 13.75 | $ 15.40 | 12.00% | 7.75% |
| Total (Average) | 4.01% | -0.15% | ||||||
| January Performance | -10.23% | -8.85% | ||||||
| February Performance | 3.50% | -0.14% | ||||||
| March Performance | 3.14% | 7.62% | ||||||
| April Performance | ||||||||
| May Performance | ||||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -4.17% | -1.92% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index February 2016
March 1, 2016 By
| Released Date | February | February | ||||||
| Research | (Price dt is | 6-12 Mth | Jan-16 | Feb-16 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 34.00 | $ 22.85 | $ 21.45 | -6.13% | -0.14% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 13.85 | $ 15.28 | 10.32% | -0.14% |
| A-Mark Precious Metals | AMRK | Buy | 12/28/15 | $ 25.00 | $ 16.93 | $ 21.73 | 28.35% | -0.14% |
| Astro-Med | ALOT | Buy | 06/08/15 | $ 23.00 | $ 15.69 | $ 13.41 | -14.53% | -0.14% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 17.42 | $ 17.97 | 3.16% | -0.14% |
| Avid Technology | AVID | Buy | 12/23/15 | $ 8.50 | $ 7.10 | $ 7.65 | 7.75% | -0.14% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 56.14 | $ 63.27 | 12.70% | -0.14% |
| Cambrex | CBM | Buy | 05/29/15 | $ 60.00 | $ 34.64 | $ 38.57 | 11.35% | -0.14% |
| Century Casinos | CNTY | Buy | 11/24/15 | $ 9.25 | $ 6.76 | $ 6.73 | -0.44% | -0.14% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 91.00 | $ 69.26 | $ 73.25 | 5.76% | -0.14% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 20.00 | $ 10.83 | $ 11.38 | 5.08% | -0.14% |
| CTRP.com | CTRP | SELL | 02/01/16 | $ 27.00 | $ 42.68 | $ 40.92 | 4.12% | -0.14% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 50.00 | $ 43.62 | $ 40.83 | -6.40% | -0.14% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 7.00 | $ 1.75 | $ 2.12 | 21.14% | -0.14% |
| Gray Television | GTN | Buy | 12/07/15 | $ 22.00 | $ 13.15 | $ 11.54 | -12.24% | -0.14% |
| Harte-Hanks | HHS | Buy | 12/08/15 | $ 5.00 | $ 3.42 | $ 3.09 | -9.65% | -0.14% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 39.00 | $ 32.00 | $ 30.80 | -3.75% | -0.14% |
| Innospec | IOSP | Buy | 04/30/15 | $ 60.00 | $ 49.85 | $ 43.40 | -12.94% | -0.14% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.40 | $ 0.48 | $ 0.48 | 0.00% | -0.14% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 28.19 | $ 25.53 | -9.44% | -0.14% |
| IRIDEX Corp. | IRIX | Buy | 01/26/16 | $ 11.50 | $ 9.63 | $ 10.19 | 5.82% | -0.14% |
| JMP Group | JMP | Buy | 12/08/14 | $ 8.00 | $ 5.51 | $ 5.00 | -9.26% | -0.14% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 15.50 | $ 10.12 | $ 11.30 | 11.66% | -0.14% |
| Lakeland | LAKE | Buy | 02/09/16 | $ 17.50 | $ 11.43 | $ 11.92 | 4.29% | 7.26% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 5.68 | $ 6.98 | 22.89% | -0.14% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 22.00 | $ 10.66 | $ 10.50 | -1.50% | -0.14% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 9.24 | $ 10.68 | 15.58% | -0.14% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 4.75 | $ 5.05 | 6.32% | -0.14% |
| REX American Resources | REX | Buy | 12/04/14 | $ 67.50 | $ 53.43 | $ 50.50 | -5.48% | -0.14% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 8.00 | $ 3.89 | $ 4.81 | 23.65% | -0.14% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 6.45 | $ 9.27 | 43.72% | -0.14% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 30.00 | $ 17.14 | $ 13.97 | -18.49% | -7.89% |
| Stamps.com | STMP | Buy | 10/19/15 | $ 116.00 | $ 93.82 | $ 118.53 | 26.34% | -0.14% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 10.52 | $ 9.66 | -8.17% | -0.14% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 15.50 | $ 13.75 | -11.29% | -0.14% |
| Total (Average) | 4.01% | -0.15% | ||||||
| January Performance | -11.28% | -8.85% | ||||||
| February Performance | 4.01% | -0.14% | ||||||
| March Performance | ||||||||
| April Performance | ||||||||
| May Performance | ||||||||
| June Performance | ||||||||
| July Performance | ||||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -7.72% | -8.98% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index January 2016
February 1, 2016 By
| 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 September 2015
October 1, 2015 By
| Released Date | September | September | ||||||
| Research | (Price dt is | 6-12 Mth | Aug-15 | Sep-15 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 27.00 | $ 22.38 | $ 27.45 | 22.65% | -5.00% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 17.30 | $ 16.89 | -2.37% | -5.00% |
| Argan, Inc | AGX | BUY | 10/21/14 | $ 43.00 | $ 39.15 | $ 40.98 | 4.67% | -0.97% |
| Astro-Med | ALOT | BUY | 06/08/15 | $ 23.00 | $ 13.53 | $ 13.90 | 2.73% | -5.00% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 16.17 | $ 18.50 | 14.41% | -5.00% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 58.48 | $ 60.77 | 3.92% | -5.00% |
| Cambrex | CBM | Buy | 05/29/15 | $ 63.00 | $ 47.81 | $ 39.68 | -17.00% | -5.00% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 83.00 | $ 57.42 | $ 58.00 | 1.01% | -5.00% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 26.00 | $ 21.75 | $ 18.46 | -15.13% | -5.00% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 42.50 | $ 30.79 | $ 31.10 | 1.01% | -5.00% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 7.00 | $ 5.38 | $ 4.64 | -13.75% | -5.00% |
| Haynes International | HAYN | Buy | 09/29/15 | $ 48.00 | $ 36.06 | $ 37.84 | 4.94% | 1.01% |
| Innospec | IOSP | BUY | 04/30/15 | $ 60.00 | $ 49.10 | $ 46.51 | -5.27% | -5.00% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.50 | $ 0.52 | $ 0.49 | -4.85% | -5.00% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 26.42 | $ 24.69 | -6.55% | -5.00% |
| JMP Group | JMP | Buy | 12/08/14 | $ 10.50 | $ 7.15 | $ 6.21 | -13.15% | -5.00% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 16.50 | $ 10.53 | $ 9.18 | -12.82% | -5.00% |
| LSB Industries | LXU | Buy | 09/28/12 | $ 41.00 | $ 23.91 | $ 15.32 | -35.93% | -5.00% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 5.95 | $ 5.43 | -8.74% | -5.00% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 22.00 | $ 17.58 | $ 16.43 | -6.54% | -5.00% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 11.00 | $ 9.62 | -12.55% | -5.00% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 5.24 | $ 4.56 | -12.98% | -5.00% |
| REX American Resources | REX | Buy | 12/04/14 | $ 75.00 | $ 53.62 | $ 50.62 | -5.59% | -5.00% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 9.00 | $ 6.39 | $ 6.12 | -4.23% | -5.00% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 6.40 | $ 5.80 | -9.38% | -5.00% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 30.00 | $ 23.24 | $ 21.40 | -7.92% | -5.00% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 12.92 | $ 12.42 | -3.87% | -5.00% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 16.71 | $ 17.04 | 1.97% | -5.00% |
| Vulcan Materials | VMC | Sell | 06/12/13 | $ 48.00 | $ 93.62 | $ 89.20 | 4.72% | -5.00% |
| Total (Average) | -4.71% | -4.64% | ||||||
| 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 | 3.14% | 0.37% | ||||||
| July Performance | -6.25% | -1.11% | ||||||
| August Performance | -3.35% | -6.07% | ||||||
| September Performance | -4.71% | -4.64% | ||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -10.12% | -6.73% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index August 2015
September 2, 2015 By
| Released Date | August | August | ||||||
| Research | (Price dt is | 6-12 Mth | Jul-15 | Aug-15 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 27.00 | $ 23.47 | $ 22.38 | -4.64% | -6.39% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 18.26 | $ 17.30 | -5.26% | -6.39% |
| Argan, Inc | AGX | BUY | 10/21/14 | $ 43.00 | $ 38.88 | $ 39.15 | 0.69% | -6.39% |
| Astro-Med | ALOT | BUY | 06/08/15 | $ 23.00 | $ 13.91 | $ 13.53 | -2.73% | -6.39% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 18.46 | $ 16.17 | -12.41% | -6.39% |
| Balchem | BCPC | Buy | 04/01/15 | $ 72.00 | $ 56.71 | $ 58.48 | 3.12% | -6.39% |
| Cambrex | CBM | Buy | 05/29/15 | $ 63.00 | $ 49.25 | $ 47.81 | -2.92% | -6.39% |
| Checkpoint Systems | CKP | Buy | 09/22/14 | $ 15.00 | $ 8.74 | $ 8.23 | -5.84% | -0.79% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 83.00 | $ 64.30 | $ 57.42 | -10.70% | -6.39% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 26.00 | $ 19.09 | $ 21.75 | 13.93% | -6.39% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 42.50 | $ 39.93 | $ 30.79 | -22.89% | -6.39% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 7.00 | $ 5.60 | $ 5.38 | -3.93% | -6.39% |
| Innospec | IOSP | BUY | 04/30/15 | $ 60.00 | $ 43.24 | $ 49.10 | 13.55% | -6.39% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.50 | $ 0.58 | $ 0.52 | -11.21% | -6.39% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 29.18 | $ 26.42 | -9.46% | -6.39% |
| JMP Group | JMP | Buy | 12/08/14 | $ 10.50 | $ 7.32 | $ 7.15 | -2.32% | -6.39% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 16.50 | $ 10.40 | $ 10.53 | 1.25% | -6.39% |
| LSB Industries | LXU | Buy | 09/28/12 | $ 41.00 | $ 36.91 | $ 23.91 | -35.22% | -6.39% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.31 | $ 5.95 | -5.71% | -6.39% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 22.00 | $ 19.01 | $ 17.58 | -7.52% | -6.39% |
| NN, Inc. | NNBR | Buy | 07/20/12 | $ 33.00 | $ 22.94 | $ 25.51 | 11.20% | -2.57% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 16.00 | $ 12.54 | $ 11.00 | -12.28% | -6.39% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 6.15 | $ 5.24 | -14.80% | -6.39% |
| REX American Resources | REX | Buy | 12/04/14 | $ 75.00 | $ 51.64 | $ 53.62 | 3.83% | -6.39% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 9.00 | $ 6.42 | $ 6.39 | -0.47% | -6.39% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 4.04 | $ 6.40 | 58.42% | -6.39% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 33.00 | $ 23.86 | $ 23.24 | -2.60% | -6.39% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 13.96 | $ 12.92 | -7.45% | -6.39% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 20.36 | $ 16.71 | -17.93% | -6.39% |
| Vulcan Materials | VMC | Sell | 06/12/13 | $ 48.00 | $ 91.02 | $ 93.62 | -2.86% | -6.39% |
| Total (Average) | -6.25% | -1.11% | ||||||
| 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 | 3.14% | 0.37% | ||||||
| July Performance | -6.25% | -1.11% | ||||||
| August Performance | -3.35% | -6.07% | ||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -5.68% | -2.20% | ||||||
| (1) Adjusted for dividends | ||||||||
Monthly Index July 2015
August 4, 2015 By
| Released Date | July | July | ||||||
| Research | (Price dt is | 6-12 Mth | Jun-15 | Jul-15 | Return | Russell 2000 | ||
| Company | Ticker | Call | one day before) | Target | Price | Price | Performance | Performance |
| Aceto Corp. | ACET | Buy | 11/22/11 | $ 27.00 | $ 24.63 | $ 23.47 | -4.71% | -1.31% |
| Acme United Corp. | ACU | Buy | 09/29/04 | $ 21.00 | $ 18.24 | $ 18.26 | 0.11% | -1.31% |
| Argan, Inc | AGX | BUY | 10/21/14 | $ 43.00 | $ 40.21 | $ 38.88 | -3.31% | -1.31% |
| Astro-Med | ALOT | BUY | 06/08/15 | $ 23.00 | $ 14.31 | $ 13.91 | -2.80% | -1.31% |
| Atlas Financial | AFH | Buy | 10/24/13 | $ 24.00 | $ 19.83 | $ 18.46 | -6.91% | -1.31% |
| Aviat Networks | AVNW | Buy – V | 04/29/14 | $ 1.50 | $ 1.26 | $ 1.15 | -8.73% | -0.81% |
| Balchem | BCPC | Buy | 04/01/15 | $ 80.00 | $ 55.72 | $ 56.71 | 1.78% | -1.31% |
| Black Box | BBOX | Buy | 08/08/14 | $ 29.00 | $ 20.00 | $ 20.27 | 1.35% | -0.65% |
| Cambrex | CBM | Buy | 05/29/15 | $ 63.00 | $ 43.96 | $ 49.25 | 12.03% | -1.31% |
| Checkpoint Systems | CKP | Buy | 09/22/14 | $ 15.00 | $ 10.18 | $ 8.74 | -14.15% | -1.31% |
| Cooper-Standard | CPS | Buy | 07/13/15 | $ 83.00 | $ 61.18 | $ 64.30 | 5.10% | -1.31% |
| Core Molding Technologies | CMT | Buy | 12/08/14 | $ 26.00 | $ 22.94 | $ 19.09 | -16.78% | -1.31% |
| Edgewater | EDGW | Buy | 09/18/14 | $ 9.00 | $ 7.30 | $ 6.71 | -8.08% | 3.54% |
| Flexsteel | FLXS | Buy | 01/17/14 | $ 42.50 | $ 43.09 | $ 39.93 | -7.33% | -1.31% |
| Global Ship Lease | GSL | Buy | 08/30/13 | $ 6.30 | $ 5.79 | $ 5.60 | -3.28% | -1.31% |
| Innospec | IOSP | BUY | 04/30/15 | $ 60.00 | $ 45.04 | $ 43.24 | -4.00% | -1.31% |
| IntelGenx | IGXT | Buy | 04/15/15 | $ 1.50 | $ 0.55 | $ 0.58 | 5.45% | -1.31% |
| INTL FCStone | INTL | Buy | 05/27/11 | $ 36.00 | $ 33.24 | $ 29.18 | -12.21% | -1.31% |
| JMP Group | JMP | Buy | 12/08/14 | $ 10.50 | $ 7.80 | $ 7.32 | -6.15% | -1.31% |
| Kulicke & Soffa | KLIC | Buy | 07/09/15 | $ 16.50 | $ 11.53 | $ 10.40 | -9.80% | -1.31% |
| LSB Industries | LXU | Buy | 09/28/12 | $ 51.00 | $ 40.84 | $ 36.91 | -9.62% | -1.31% |
| Magic Software | MGIC | Buy | 04/28/15 | $ 13.50 | $ 6.66 | $ 6.31 | -5.26% | -1.31% |
| Newtek Business Services | NEWT | Buy | 03/27/13 | $ 22.00 | $ 17.72 | $ 19.01 | 7.28% | -1.31% |
| NN, Inc. | NNBR | Buy | 07/20/12 | $ 33.00 | $ 25.52 | $ 22.94 | -10.11% | -1.31% |
| Nova Measuring Instruments | NVMI | Buy | 05/09/12 | $ 15.00 | $ 12.50 | $ 12.54 | 0.32% | -1.31% |
| Reed’s | REED | Buy | 10/23/13 | $ 9.50 | $ 6.22 | $ 6.15 | -1.13% | -1.31% |
| REX American Resources | REX | Buy | 12/04/14 | $ 98.00 | $ 63.64 | $ 51.64 | -18.86% | -1.31% |
| Salem Communications | SALM | Buy | 02/24/14 | $ 9.00 | $ 6.33 | $ 6.42 | 1.42% | -1.31% |
| Seabridge Gold | SA | Buy | 07/21/09 | $ 14.00 | $ 6.11 | $ 4.04 | -33.88% | -1.31% |
| Sparton Corp | SPA | Buy | 07/16/13 | $ 33.00 | $ 27.32 | $ 23.86 | -12.66% | -1.31% |
| Trecora | TREC | Buy | 09/01/11 | $ 19.00 | $ 15.10 | $ 13.96 | -7.55% | -1.31% |
| VASCO Data | VDSI | Buy | 05/28/15 | $ 36.00 | $ 30.19 | $ 20.36 | -32.56% | -1.31% |
| Vertex Energy | VTNR | Buy | 07/22/13 | $ 5.00 | $ 2.37 | $ 2.11 | -10.97% | -0.65% |
| Viad Corp. | VVI | Buy | 08/01/13 | $ 33.00 | $ 27.11 | $ 28.65 | 5.68% | -1.31% |
| Vulcan Materials | VMC | Sell | 06/12/13 | $ 42.00 | $ 83.93 | $ 91.02 | -8.45% | -1.31% |
| Total (Average) | -6.25% | -1.11% | ||||||
| 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 | 3.14% | 0.37% | ||||||
| July Performance | -6.25% | -1.11% | ||||||
| August Performance | ||||||||
| September Performance | ||||||||
| October Performance | ||||||||
| November Performance | ||||||||
| December Performance | ||||||||
| Year to Date Performance | -2.41% | 4.12% | ||||||
| (1) Adjusted for dividends | ||||||||