BTN - Ballantyne Strong Is Getting Back On Track
Ballantyne Strong (BTN) is a microcap with zero analyst coverage. The last article on Seeking Alpha was in 2016. BTN is also a high volatility, low float, low volume microcap. Management has reinitiated doing conference calls after a one-year hiatus.
What caught my attention to the company was the frequent open market purchases of stock made by the company CEO, who also owns a private equity fund. In fact, it is under his fund that they make the stock purchases. The name of his private equity fund is Fundamental Global Investors.
About 63%