News - Archive

Bloomberg Business – September 2015


While global stocks were plummeting in August on the heels of China’s market crash, MagicJack VocalTec Ltd. was having its biggest rally in more than a year. 

Portfolio manager, Michael Corbett provides comments on the company.

To read the full article, see the September 5, 2015 issue of Bloomberg Business.

Perritt Capital Management is the adviser to The Perritt Funds.  The Perritt Ultra MicroCap Fund held a 1.5% holding in MagicJack as of 8/31/15.  The Perritt MicroCap Opportunities Fund and the Perritt Low Priced Stock Fund did not hold a position in Magic Jack as of 8/31/15.  Fund holdings and/or sector allocations are subject to change at any time are not recommendations to buy or sell any security.

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