Cheap Stocks Weekly Update March 21st 2014

We were up 3.1% last week, and are up 7.2% for 2014. The DOW was up 1.5% and NASDAQ was up .7%. For the year, the DOW is down 1.7% and NASDAQ is up 2.4%
MRVC  earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:

GRVY
159%
CCUR
30%
SIGM
49%
MRVC
21%
SYNC
50%
UNTD, SYNC, BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 9 stocks up, 4 down and 1 unchanged. Since inception we are now 68 stocks up and 16 down for a 81% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions:  Continue reading

Advertisements

Cheap Stocks Weekly Update March 14th 2014

We were down .6% last week, and are up 4.1% for 2014. The DOW was down 2.4% and NASDAQ was down 2.1%. For the year, the DOW is down 3.1% and NASDAQ is up 1.7%
DXM and CBEY earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

GRVY
155%
CCUR
31%
SIGM
50%
MRVC
24%
SYNC
49%

MRVC, BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 4 stocks up, 8 down and 2 unchanged. Since inception we are now 67 stocks up and 17 down for a 79.8% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions:

Continue reading

CSI Tip: BUY UNTD @ $10.28

United Online  Inc. (NASDAQ–UNTD)

Valuation-$$27.86
Price December March 12, 2014-$10.28

I planned to recommend UNTD a while ago. I purchased some for $9.57 a share, and then it went straight up to $15.88 on February 20th this year on a good revenue quarter. We sold half our position. But now it has come almost all the way back down and given that it is trading at 40% of our valuation, we think it is time to buy more. The last time we saw a company like this was AOL in the mid-teens. Everyone thought AOL was dead. Now it is over $40 a share. UNTD is also one of the remaining early internet pioneers with brands like Classmates, NetZero and Juno.

Trading at only 37% of our valuation and with 50% of its market cap in cash ($5.06 a share) we think this is a BUY.

Their latest quarterly results were the first ones since UNTD spun off FTD last year, but they were still impacted on the expense side by spin-off costs. Revenues were $62.6 million (which drove the stock to its high) and after adjusting for litigation, transaction, share based compensation, intangible amortization, depreciation etc. they made $12.6 million. For 2014 they are projecting OIBDA of $28-$34 million.
There are about 14 million shares outstanding and it trades about 600,000 shares a day.
About UNTD:

Continue reading

Cheap Stock Weekly Update March 7th 2014

We were up 1.8% last week, and are up 4.7% for 2014. The DOW was up .8% and NASDAQ was up .7%. For the year, the DOW is down .8% and NASDAQ is up 3.8%
ARIS and SYNC earnings last week.
Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

GRVY
155%
CCUR
30%
SIGM
51%
MRVC
24%
SYNC
48%

MRVC, BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 7 stocks up, 4 down and 2 unchanged. Since inception we are now 66 stocks up and 17 down for an 80.7% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions: Continue reading