Company name Acacia Research Corporation
Stock ticker ACTG
Live stock price [stckqut]ACTG[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Good
EPS growth Poor
P/E growth Poor
EBIT growth Poor
ANALYSIS
Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $0
Target stock price (averages with growth) $0.13
Target stock price (averages with no growth) $0.51
Target stock price (manual assumptions) $19

The following company description is from Google Finance: http://www.google.com/finance?q=actg

Acacia Research Corporation, through its operating subsidiaries, acquires, develops, licenses and enforces patented technologies. Its operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies. In November 2011, it announced that a subsidiary had acquired rights to semiconductor memory and process patents from a technology company. In November 2011, it announced that a subsidiary has acquired six portfolios relating to cellular technology, mobile handsets, wireless local area networks, video processing, Internet Protocol Television technology, and location based services technology. In December 2011, the Company announced that a subsidiary acquired patents for inhaler drug delivery technology from a major medical company.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. This is the kind of company that I invariably will get emails about that I don’t understand how great this company is. They will be right – there is a lot to not like about this company. I consider this to be a relatively risky investment but for those of you that like a risky investment, I will not stop you. In addition to not liking the fundamentals, I also don’t like the business that this company is in.

Company name Frontline Ltd. (USA)
Stock ticker FRO
Live stock price [stckqut]FRO[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=fro

Frontline Ltd. is a Bermuda-based shipping company. The Company is primarily engaged in the operation of a fleet of very large crude carriers (VLCCs) and Suezmax tankers. It also operates oil/bulk/ore (OBO) carriers, which are classified to carry dry cargo. The Company is also involved in the charter, purchase and sale of vessels. Its vessels are all owned by, or chartered to, separate subsidiaries or associated companies. As of August 2011, the Company operated a fleet of 23 Suezmax tankers, 51 VLCCs and seven OBOs. Frontline Ltd. operates through subsidiaries and partnerships located in the Bahamas, Bermuda, the Cayman Islands, the Isle of Man, Liberia, Norway, the United Kingdom and Singapore.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable. I am removing Frontline from the Watch List.

Company name VirnetX Holding Corporation
Stock ticker VHC
Live stock price [stckqut]VHC[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=vhc

VirnetX Holding Corporation (VirnetX) is a development-stage company. The Company is engaged in developing and commercializing software and technology solutions for securing real-time communications over the Internet. The Company is focused commercializing a patent portfolio for securing real-time communications over the Internet. These patents were acquired by its principal operating subsidiary, VirnetX, from Science Applications International Corporation (SAIC). The Company’s GABRIEL Connection Technology combines industry standard encryption protocols with its patented techniques for automated domain name system (DNS), lookup mechanisms, enabling users to create a secure communication link using secure domain names. Its software and technology solutions provide the security platform required by next-generation Internet-based applications, such as instant messaging (IM), voice over Internet protocol (VoIP), mobile services, streaming video, file transfer and remote desktop.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

Company name MAKO Surgical Corp.
Stock ticker MAKO
Live stock price [stckqut]MAKO[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=mako

MAKO Surgical Corp. (MAKO) is a medical device company that markets its advanced robotic arm solution and orthopedic implants for minimally invasive orthopedic knee procedures. The Company offers MAKOplasty, a restorative surgical solution that enables orthopedic surgeons to treat patient-specific, early to mid-stage osteoarthritic knee disease. MAKOplasty is performed using the Company’s RIO Robotic Arm Interactive Orthopedic system (RIO), and its RESTORIS unicompartmental and RESTORIS MCK multi-compartmental knee implant systems. The RIO utilizes tactile guided robotic arm technology and patient-specific visualization to prepare the knee joint for the insertion and alignment of the Company’s resurfacing implants through a small incision in a minimally invasive, bone preserving and tissue sparing procedure. The Company’s RESTORIS family of knee implants is designed to enable minimally invasive restoration of one or two of the diseased compartments of the knee joint.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

Company name Littlefield Corporation
Stock ticker LTFD
Live stock price [stckqut]LTFD[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=ltfd

Littlefield Corporation is a holding company. The Company’s business develops, owns and operates charitable bingo halls with the United States operations in Texas, Alabama, Florida and South Carolina. As of December 31, 2009, the Company operated 36 charitable bingo halls. In January 2010 and February 2009, the Company completed the acquisition of bingo halls in South Carolina and realigned certain regional operations. In April 2009, the Company sold its Premiere Tents and Events business unit located in Austin, Texas.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.