smashes through $2 in style, page-13

Yes...interesting.....here's thier investment philosophy....in investing in the micro cap sector. Buying in at levels they have...i.e up to $2.20 they must have a lot of confidence in the SP going forward.

An inefficient sector
The pricing of microcap companies is relatively inefficient, providing the opportunity for excess returns.

Research over valuation
In depth fundamental research, both at the sector and company level, is essential in the microcap sector and is the cornerstone of our investment performance. We believe that fundamental research is far more important than valuation techniques, and we make investment decisions based on relative value against a peer group.