Asset Play: VVTV

Spent a bit of time researching VVTV  (Value Vision Media) today and ended up securing a small position. They have a home shopping network and also retail products online. The company's performance is horrible, however the value of their assests is not reflected in the stock price at all. They appear to be a really good value in both cash and assets. 

Instead of going into details here I would suggest reading this informative post at the Old School Value blog.

discloure: I own shares of VVTV