Monthly Index April 2016

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