Nam Tai Electronics
As previously noted, I still own some Nam Tai (NTE), but I sold almost all of it when I read that their CFO resigned. I don't know how to assess the likelihood that the cash on their balance sheet is illusory, which is the primary risk I see the company facing, with its (putative) $5 cash per share, strong operating history in the good times, and nil debt, all while trading below $3.
In other news, I'm a big fan of TZA, the 3x Small Cap Bear ETF from Direxion. Historically, "small cap value" has outperformed during and after bear markets, as well as overall. However, this fund's target index includes small cap growth, and what's more, the almost inexorable decline in economic freedom will punish privately held businesses the hardest, followed by publicly traded small caps. Government intervention always winds up favoring the biggest companies and their workers' unions at the expense of smaller companies and non-union workers. That's the way socialism works. The superwealthy lobby the government and get back what they pay in taxes and more in the form of contracts, pork, tax loopholes, and most of all regulatory favoritism that squeezes out smaller players.
That's why small caps are unlikely to lead big caps in this recession, unless you mean leading the market to new lows.