Monthly Index June 2015

Released Date Jun Jun
Research (Price dt is  6-12 Mth May-15 Jun-15 Return Russell 2000
Company Ticker Call one day before) Target Price Price Performance Performance
Aceto Corp. ACET Buy 11/22/11 $ 27.00 $ 23.55 $ 24.63 4.59% 0.33%
Acme United Corp. ACU Buy 09/29/04 $ 21.00 $ 17.60 $ 18.24 3.64% 0.33%
Argan, Inc AGX BUY 10/21/14 $ 43.00 $ 35.78 $ 40.21 12.38% 0.33%
Astro-Med ALOT BUY 06/08/15 $ 23.00 $ 14.50 $ 14.31 -1.31% -0.46%
Atlas Financial AFH Buy 10/24/13 $ 24.00 $ 18.79 $ 19.83 5.53% 0.33%
Aviat Networks AVNW Buy – V 04/29/14 $ 1.50 $ 1.15 $ 1.26 9.57% 0.33%
Balchem BCPC Buy 04/01/15 $ 80.00 $ 56.45 $ 55.72 -1.29% 0.33%
Black Box BBOX Buy 08/08/14 $ 29.00 $ 20.04 $ 20.00 -0.20% 0.33%
Cambrex CBM Buy 05/29/15 $ 51.00 $ 40.02 $ 43.96 9.85% 0.33%
Checkpoint Systems CKP Buy 09/22/14 $ 15.00 $ 9.77 $ 10.18 4.20% 0.33%
Comstock Mining LODE Buy 04/22/14 $ 2.25 $ 0.71 $ 0.59 -16.90% 0.33%
Core Molding Technologies CMT Buy 12/08/14 $ 26.00 $ 26.00 $ 22.94 -11.77% 0.33%
Edgewater EDGW Buy 09/18/14 $ 9.00 $ 7.20 $ 7.30 1.39% 0.33%
Flexsteel FLXS Buy 01/17/14 $ 42.50 $ 37.75 $ 43.09 14.15% 0.33%
Global Ship Lease GSL Buy 08/30/13 $ 6.30 $ 5.71 $ 5.79 1.40% 0.33%
Innospec IOSP BUY 04/30/15 $ 60.00 $ 42.88 $ 45.04 5.04% 0.33%
IntelGenx IGXT Buy 04/15/15 $ 1.50 $ 0.59 $ 0.55 -6.78% 0.33%
INTL FCStone INTL Buy 05/27/11 $ 36.00 $ 35.07 $ 33.24 -5.22% 0.33%
JMP Group JMP Buy 12/08/14 $ 10.50 $ 7.47 $ 7.80 4.42% 0.33%
KMG Chemicals KMG Buy 12/27/15 $ 34.00 $ 29.71 $ 30.97 4.24% 1.27%
LSB Industries LXU Buy 09/28/12 $ 51.00 $ 42.53 $ 40.84 -3.97% 0.33%
Magic Software MGIC Buy 04/28/15 $ 13.50 $ 6.46 $ 6.66 3.10% 0.33%
Newtek Business Services NEWT Buy 03/27/13 $ 20.00 $ 17.82 $ 17.72 -0.56% 0.33%
NN, Inc. NNBR Buy 07/20/12 $ 33.00 $ 27.27 $ 25.52 -6.42% 0.33%
Nova Measuring Instruments NVMI Buy 05/09/12 $ 15.00 $ 12.27 $ 12.50 1.87% 0.33%
Reed’s REED Buy 10/23/13 $ 9.50 $ 6.13 $ 6.22 1.47% 0.33%
REX American Resources REX Buy 12/04/14 $ 98.00 $ 63.87 $ 63.64 -0.36% 0.33%
Salem Communications SALM Buy 02/24/14 $ 9.00 $ 4.70 $ 6.33 34.68% 0.33%
Seabridge Gold SA Buy 07/21/09 $ 14.00 $ 6.14 $ 6.11 -0.49% 0.33%
Sparton Corp SPA Buy 07/16/13 $ 33.00 $ 26.51 $ 27.32 3.06% 0.33%
Supercom SPCB Buy 03/31/15 $ 13.25 $ 10.81 $ 13.25 22.57% 1.43%
TESSCO Technologies TESS Buy 12/31/12 $ 22.00 $ 18.42 $ 19.81 7.55% 0.33%
Trecora TREC Buy 09/01/11 $ 19.00 $ 13.74 $ 15.10 9.90% 0.33%
VASCO Data VDSI Buy 05/28/15 $ 36.00 $ 26.64 $ 30.19 13.33% 0.33%
Vertex Energy VTNR Buy 07/22/13 $ 5.00 $ 2.76 $ 2.37 -14.13% 0.33%
Viad Corp. VVI Buy 08/01/13 $ 33.00 $ 26.84 $ 27.11 1.01% 0.33%
Vulcan Materials VMC Sell 06/12/13 $ 42.00 $ 89.93 $ 83.93 6.67% 0.33%
Total (Average) 3.14% 0.37%
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
August Performance
September Performance
October Performance
November Performance
December Performance
Year to Date Performance 4.10% 5.29%
(1) Adjusted for dividends