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Neutral Tandem Inc. (IQNT)

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I blew it buying this one too early, but might be able to make up for it buying it a little lower than it is today. Currently trading a few percent below book value, the downside is the current losses they are having. A Seeking Alpha article points out that there is now room for a turn around, though it could also be too little too late.

I will re-evaluate when it drops to $2.50

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN Money

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