Monthly Index September 2015

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