When I saw that article, I did a simple "cigar butt" screen. One stock that intrigued me was ACAT. They make snow mobiles and ATVs, but they've been beat up to the point that they're trading below book with no debt.
Unfortunately, I decided to just watch for a couple of days instead of buying. They're up 25% in just a few days. The stock still seems to have lots of momentum and is still below book value.
Favorite ERF quote: "I'm not going to waste my time on someone who's more interested in being stubborn or obtuse or intolerant." -- Nords
Favorite ERF error message: "Sorry Nords is a moderator/admin and you are not allowed to ignore him or her."