Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Nantahala Capital Filed 6.1% Activist Stake in $ADGF

Nantahala Capital reported its 6.1% activist stake in Adams Golf Inc. (ADGF) on November 29th. Now the firm has 476,615 shares in ADGF. According to the filing, Nantahala Capital made several transactions in November and bought 100 thousand shares at about $5.43 per share. Nantahala Capital initiated its ADGF position in July 2011. The firm reported 385 thousand shares or 5% passive stake at that time. ADGF is now trading at $5.75, and has returned 22% so far in 2011.

Nantahala Capital Management LLC serves as a financial investment advisory to its customers. Its clients include security portfolios, institutions, and businesses. Nantahala Capital’s investment strategy includes investing in small cap stocks, and using fixed-income instruments. Wilmot B. Harkey and Daniel Mack are serving as the manager partners of the firm. Nantahala Capital managed to beat the Russell 2000 index by 25 percentage points per year between August 2004 and April 2009.

According to Yahoo! Finance, Adams Golf, Inc., “together with its subsidiaries, designs, assembles, markets, and distributes golf clubs for various skill levels primarily in the United States. The company’s products include Idea Tech V3 irons and hybrids, Idea a7 and a7 OS irons and hybrids, Speedline Fast 11 and Speedline 9064 drivers, Speedline Fast 11 fairway woods, and Idea Pro Black hybrids and irons. It also provides Tom Watson signature wedges and the Puglielli wedges, as well as golf bags, hats, and other accessories. The company sells its products to on and off course golf shops, sporting goods retailers, mass merchants, and international distributors under the Yes! Putters, Women’s Golf Unlimited, the Lady Fairway, and Square 2 brands. Adams Golf, Inc. was founded in 1987 and is based in Plano, Texas.”

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.