Last evening we noticed that Riley Investment Management LLC) filed a 13G on Stratos International (STLW), reporting an over 8% stake in the company. As you may already now, Stratos remains our top turnaround pick in the fiber optic sector. Our investment case was spelled out some time ago in this post and updated here. […]

As is usually the case with our investments, we were a bit early into STLW, and despite what appears to be a stabilized business, with little downside risk, the market has until now firmly disagreed with our assessment, pushing the stock down  nearly 12% since our initial recommendation. However, the company’s latest fiscal first quarter […]

STLW investors should listen to Stratos’s latest earnings conference call, which can be accessed by clicking here.
The call provides a good summary of why we think the stock has low risk at current prices, and significant potential upside should the company report positive earnings sometime over the next 12 months. (Note: The company is already […]