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August 5, 2010 52-Week Low Wrap-Up: Harbinger Group and United Online

August 05, 2010 | About:
Patrick Goldin

Patrick Goldin

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Today, 27 companies' share price reached a new 52-week low. Of these companies, these are the ones that look interesting based upon my initial research:

Harbinger Group (HRG)



Harbinger Group is a holding company. The Company owns approximately 98% of Zap.Com On July 9, 2009, Harbinger Capital Partners Master Fund I and Harbinger Capital Partners Special Situations Fund, L.P. purchased 9,937,962 shares of its common stock. As a result, the company is controlled by Harbinger Group. They are currently looking to make an aquisition.

United Online (UNTD)



United Online is a provider of consumer products and services over the Internet. The Company’s offerings feature brands, including FTD Group, Interflora, Classmates, NetZero and MyPoints.com.

Disclosure: No position in HRG or UNTD

About the author:

Patrick Goldin
Patrick Goldin is the General Partner of the Alain Value Fund LP, a limited partnership exercising a value-focused and bottom-up securities approach. In addition to his duties as general partner, he is a student in high school. He can be reached at patrick.goldin@alainvaluefund.com

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