A Compelling Microcap Morning - January 8th

Microcap Morning: January 8th

Crossroads expanded their OEM partnership internationally with FujiFilm today, to now include Canada and South America in addition the existing U.S. territory. Fujifilm is set to sell it's Dternity NAS (Powered by Crossroads StrongBox technology) this year. The agreement provides considerations to further broaden distribution into additional global markets as well. Crossroads may have significant opportunities within its '972 and non-'972 portfolio, although this demonstrates success with its physical offerings - mainly to drive growth for StrongBox.

•CRDS Jeff Eberwein also purchased 20K more shares between $2.45 and $2.48. The activist investor now owns 2,556,717 shares.


•Sujan Lahiri published an article on Direct Insite on Seeking Alpha today. His article is very compelling and worth a read. His summary is below and the link is posted below that.

Summary

•Direct Insite is profitable, growing, debt-free and trades at just 1X sales.

•Direct Insite’s software solution greatly improves the often inefficient backoffices of banks and corporates.

•8 customers just renewed contracts for an average duration of 4 years, and a major bank also got on board.

•New product launches should lead to significant revenue growth in 2015 and beyond.

•This stock is completely off-the-radar; massive insider buying confirms the buying opportunity.

Currently, shares are trading up 6% to $0.80 on 2x average volume.


Outside of these events, Asure Software press released their top 5 ways to help business leaders gain approvals and win support for their global initiatives.


Trading this morning has been all over the map. Silver Sun is down over 25% on extremely thin volume, normal for the company and a norm with microcaps. Health Insurance Innovations is up 4% to $7.80, a nice bounce from near $6.15 just two weeks ago. Crossroads is up 4% to $2.60 on light volume, so shares are still able to be purchased.


By reading this post, you expressly agree to SecretCaps' full  disclosure

Posted to SecretCaps on Jan 08, 2015 — 12:01 PM
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