Top Emerging Manager Sees This Micro-Cap As A 30-Bagger Waiting To Happen – ValueWalk Premium

Top Emerging Manager Sees This Micro-Cap As A 30-Bagger Waiting To Happen

Adam Wyden's ADW Capital Management has been very active recently. In October the long/short equity hedge fund, which has an activist slant, sent a letter to the board and management of PAR Technology Corporation, expressing its concerns about the direction of the company.

 

Q3 hedge fund letters, conference, scoops etc

After waiting 19 days with no response, ADW, which owns just over 10% of the business, issued a letter demanding "this Board must take immediate steps to proceed with an outright sale of the entire Company immediately and PUBLICLY DISCLOSE ITS INTENTIONS THROUGH ISSUING A PRESS RELEASE."
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Two weeks after issuing this demand, the firm sent a public letter to the board of Fiat Chrysler asking for, what ActivistInsight describes as "just about everything an activist investor could possibly ask for."

Alongside Fiat and PAR, one of the newest positions in the ADW portfolio is a micro cap with lots of room to run up. According to an internal copy of the firm's presentation on the company dated October 20th 2018, which has been reviewed by ValueWalk, Adam Wyden (son of US Senator Ron Wyden) and his team believe

 

Please note readers can find the full PDF refrenced at the bottom of this article

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