Crimson Wine (NASDAQOTH:CWGL)

CAPS Rating: 5 out of 5

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Player Avatar bes0m3b0dy (80.15) Submitted: 4/23/2013 3:09:30 AM : Outperform Start Price: $8.95 CWGL Score: -20.15

http://www.marketfolly.com/2013/03/crimson-wine-group-cwgl-bull-case-on.html

Running the numbers myself on the conservative side, I obtained an adjusted tangible book value of around $11 per share. Given this margin of safety with steadily increasing vineyard prices and increased demand for wine, earnings growth comes free. There is also significant management stake in the spinoff.

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