I had a crappy week. I was down 6.4% and am now up 17.5% for the year.

I sold 1/3 of my remaining NEXN ahead of Q2 earnings for a 73% gain. They announced a great quarter on Wednesday. They have $132 million of cash ($2.27 per share) and project $122-$132 million of EBITDA for the year. The market cap is about $600 million meaning that they are trading at less the 4X EBITDA net of cash. CHEAP. Worth at least $15 a share IMO.

I also sold my ZIM for a tiny 4% gain. I figured I would get out at a small gain rather than wait to see what happens with their 2 buy-out offers seem stalled.

FOCL (EDAP) did a secondary offering at $4.75 a share knocking the stock down from over $6. This was the biggest impact on my week. They also announced Q2 earnings. Revenues were good, up 54% but the large losses continue.

SCOR announced they were chopping $25 million of expenses. The turnaround continues. They also announced Q2 earnings and a $10 million loss (excluding transaction costs for prepaying their debt and selling their movie division. I wish I never bought this but I still have hope. The stock dropped about 15% and helped me have a crappy week.

PERI announced Q2 earnings. They were fine. They have $7.24 a share in cash ($268 million), no debt, expect EBITDA of about $50 million. They are trading at a market cap of about $400 million or about 2.6X EBITDA, plus cash. CHEAP. Worth at least $15 a share IMO.

ACH is now down over 70% since I sold it for a profit. Whew.

I had another bumpy week. I was up over 5% at the end of Tuesday, but ended the week only up 2.2% and up 23.9% for the year.

Earnings in ANGI, BMBL, PLTK, GDRX and VNDA all were “ok”. All of these stocks are works in progress. The market was particularly not happy with ANGI and PLTK.

I bought more BMBL and PLTK as they fell back to about where I originally bought them and nothing has really changed and they spew cash, are profitable and are very CHEAP IMO.

Sold a little bit more of my FOCL (EDAP) for a 111% gain. Still got a bunch left.

Bought a little bit of PSEC at $2.13. This is a closed end fund with a net asset value around $6 and a 20% yield.

Bought a little bit of CDNT at $1.61. It got away from me before I could buy more. This is a multiyear turnaround story. I think they may be on the verge of going in the right direction finally.

It was a pretty good week for me until Thursday. Nasdaq soared on Thursday and Friday as all the money chased AI stocks again and left the value stocks to shrivel. I lost half my weekly gain of 5%.

I still ended up 2.2% last week and am up 21.7% YTD.

Another boring week.

I was down 1.0% and am up 19.5% YTD

BMBL is back down to where I bought it, but I will wait to see Q2 earnings before buying more.

I sold a bit of my EDAP for a 98% gain. I am a long term holder of EDAP. I missed my chance to cash out at over $12 in 2023, but I bought it sub $3. Still waiting for this amazing technology to take off.

Sorry about the premature post yesterday (deleted now). I was hoping the week was over!

But, unfortunately it wasn’t.

Mr. Market caught me on Friday and reversed my week from a nice gain to a small loss. I was down .5% and am now up 20.5% YTD.

So I did not get to 6 weeks in a row of being up. 5 weeks seems to be my limit.

I did sell 25% of my NEXN for a 63% gain last week. Just taking a profit. I still like the company.

It was a pretty blah week.

I was up 1% last week and am now up 21% for the year.

VNDA and PERI had positive news, but the stocks did nothing.

I didn’t do any trading last week.

I am now up 5 weeks in a row. So based on history, next week could be a loser for me.

The three large cap software stocks I was looking at all jumped 10-20% before I could decide to buy. Maybe I will catch them next time.

Another short week, but it was a good one.

I was up 3% and am now up 20% for the year.

I bought more LE under $10 last week after it plunged 15% on the horrible news that they hired a new CEO. Sarcasm of course.. You would think that they replaced Steve Jobs or Elon Musk. No accounting problems, no earnings warning, no other change. Just ridiculous IMO.

NASDAQ got hammered for over 1,200 points last week. But I was up 2.9% and am up 17% YTD. But nothing is at a point were I think I should sell.

I did buy some BMBL this week at $2.84. I had been looking at it for a few weeks. My valuation on it is about $9 a share. But they are in the middle of cleaning the company up, cutting low/no margin revenues and cutting expenses so revenue comps are ugly right now. But the capper for me was the rumor on Thursday that they were looking at selling the company. Unless they get a really good price, my guess is they will not sell. They are paying down debt and are supposed to make around $1 a share EPS this year, so if they execute, I think the stock price will at least double form here anyway.

It was an blah week. I was up.7% and am up 14.1% for the year.

Good news on EDAP, PERI and NEXN. But their prices barely moved. Billions of dollars chasing SpaceX I guess, at over 100X revenues and losing money.

I wish I bought Micron, Seagate. etc,, but to me these are commodity stocks and subject to wild swings and I don’t buy commodity stocks.