Two Micro Cap Deep Value Plays With Lots Of NOLs

Excerpt from the Stanphyl Capital letter to investors for the month of May 2018  discussing their long positions in two micro-cap plays. Stanphyl was profiled in the second edition of HVS and has had some of the best picks among all the funds we have profiled with 200%+ returns on some pitches. Teaser fror non subs followed by content for full members  reported a mixed Q3 2018, with revenue up both sequentially and year-over-year but with several one-time expenses causing a larger GAAP loss than the previous year. However,  will be GAAP profitable for the full year and for FY…