Strong and improving capital structure with a stable share count and debt reduction. Gross margin improvements and a stock that now trades at a 75% of the TTM gross profit.

Patriot Transportation is a value outlier based on asset reproduction and earnings power.

The enterprise and market value for Vaalco dropped 89% since 2012, 84% from 2014. In contrast, an exceptional TTM financial performance reported with a reasonable and improving balance sheet.

RUBI stock has drifted 15% higher over this past week to close on Friday, 07/16/17 at $5.55. RUBI still warrants a closer look.

Acacia lost the first trial because the jury lacked intellectual patent knowledge. I believe a favorable verdict is merely delayed and not permanently lost. I have added to the shares because I remain confident in the original thesis.

Investment thesis is simple. The current valuation underestimates years of steady although not exceptional financial results.

New York and Co (NWY) hit its 52 week low on May 16. This coupled with an oversold multiyear price decline and stable fundamentals creates a discount.

The DHI Group is a micro-cap with historical and impressive, consistent high FCF margins that the market forgot.

180 Degree Capital (TURN) invests and actively participates through constructive activism for small public and private companies with significant turnaround potential.

Layne is shareholder friendly proven by opportunistically reducing shares outstanding, aggressive expense and capital reductions and a renewed focus on its water segment.

Regis Corp is the beauty industry's global leader in hair salons and cosmetology education. The stock gets exciting during 02/2017 earnings call. They announced a deeper commitment to a thoughtful strategic transformation.

The three nano cap ideas below share multiple improving value attributes.

Imation's valuation is a fast moving target. So, making a value assessment is painful. Recent opaque restructuring events and earnings call commentary on discontinued operations' disputed liabilities is unclear.