No luck on the earnings front. DWCH and INFT dissapointed. MIVA is our biggest dog, followed by Linn.ob, DWCH and then PDLI. Last week we had 5 up, 6 down. Since the start of the year we are still 10 up and 4 down. No buys or sells this past week.
Our model portfolio based on the stocks in this Blog is up 17% so far this year. Not as good as we would like, but not bad given the choppy market and 4 losers we have right now (we shoot for 80% win rate–not our current 71%). This model portfolio assumes $10,000 invested in each stock, less $10 commission each way (TD Ameritrade rate).
CAW-(Buy price $9.45, Valuation $18.40). Closed down $.03 for the week at $9.75. Yield about 3%. A group called Costa Brava Partnership is offering to buy the Class A stock at a “substantial premium”. The company has rejected this offer. The company is “in-play”. CB owns 7.9% of the stock. Up 3% so far. HOLD.
QADI-(Buy price $6.93, Valuaton $11.86). Closed at $7.63, up $.29. Up 10% so far. HOLD.
PDLI-(Buy price $19.31, Valuation > $30)–Closed at $18.37, up $1.86 from last week. Now down 5%. Still a BUY.
MIVA-(Buy price $3.80, Valuation $9.10). MIVA closed at $2.94, up $.19 from last week. Now down 23% on this one. HOLD.
Datawatch-(Buy price $3.66, Valuation $7.63 (was $9.31). Closed at $3.05, down $.56 from last week, still a loser–down 17%. See our previous post. HOLD.
Inforte-(Buy price $4.11, Valuation $6.86 (was$7.32). Down $.52 to $4.25 last week. Still has $2.52 per share in cash and valuation only fell a little, but lowering our price objective to $5.50. Now up only 3%. HOLD.
Linn.ob-(Buy price $.36, Valuation $.79). Closed at $.29, down $.03. Now down 19% YTD. HOLD–let’s see what earning look like.
OPTO.ob-(Buy price $1.25, Valuation $2.88). Closed at $1.40, up $.17 from last week. Now up 12% to date. HOLD.
AVSO.ob-(Buy price $1.19, Valuation $3.81). Stock fell another $.28 from last week to $1.53. Now only up 29%. This looks like steal here–BUY.
CTIG.ob-(Buy price $.27 ask, Valuation $.82). Ask price rose to $.44 (up $.01) last week. Closed at $.42. Cash is $.28 per share. Up 63% (based on asked price). Bid price was up to $.42. HOLD.
IYXI.ob-(Buy price $1.91, Valuation–over $3.00). Closed down $.11 from last week at $2.49, up 30% so far. HOLD