Other cheap losers are Penford (PENX), whose industrial-starch factory is coming back on line after the June floods of Cedar Rapids, Iowa, and Griffon Corp. (GFF), a supplier of garage doors, aircraft electronics and plastic film whose shares have attracted the interest of Goldman Sachs and Barron's Roundtable member Mario Gabelli.

"The Clinton Group commends the board for making changes to its composition and says that it won't support any alternative slate at the 2008 annual meeting. Clinton Group said the addition of Lt. Gen. Gordon Fornell, whom Clinton Group had suggested, and James Mitarotonda to the board is a very positive step. Clinton Group holds 2,964,786 shares (9.9%)."

small high growth stock with upside potential

Griffon (GFF)
Barington Capital suggested a spinoff or partial initial public offering of GFF's Telephonics unit, and asked GFF to further reduce costs and increase share repurchases. It called for board declassification and a separate chairman and chief executive. Barington holds 1.5 million Griffon shares (5.07%).