Well February was certainly better that January. There are still irrational stock prices out there, but some prices have come all the way back, but there is still a long way to go.
We are updating our open position portfolio once a month until all positions are sold.
February 2016 Performance:
| Index | February | YTD |
| Dow | 0.3% | -5.2% |
| Nasdaq | -1.1% | -9.0% |
| CSI | 1.0% | -8.1% |
Our 5 new stock positions are actually up 4.3% for the year.
Nothing much has changed with our opinions on our open positions. CRNT announced earning in February. Our valuation went down to $3.97 from $4.54 as the company is foregoing chasing low margin sales for more profits. We still think CRNT is way too cheap.
GSL dropped a bomb on us this morning. They had good earnings, but instead of increasing their dividend as previously announced—they eliminated it altogether. This will be a long haul here, a year or two at least. Lesson learned—again—don’t ever buy a British company with a CEO named Ian. This is my second one that bombed.
| Per Share | Current | Lifetime | 2016 | Current | Price to | |
| Stock | Cost | Price | Gain/Loss | Gain/Loss | Valuation | Valuation |
| ARIS | 1.61 | 4.14 | 157% | -8.0% | $ 6.40 | 65% |
| CCUR ** | 4.58 | 6.94 | 52% | 8.6% | $ 12.45 | 56% |
| BLIN | 3.95 | 0.90 | -77% | -20.4% | $ 6.02 | 15% |
| DXM | 6.46 | 0.03 | -100% | -75.0% | NA | NA |
| SYNC | 2.56 | 1.77 | -31% | 1.1% | $ 5.20 | 34% |
| EXTR | 3.43 | 2.82 | -18% | -30.9% | $ 8.76 | 32% |
| PRSS | 4.01 | 3.68 | -8% | -4.2% | $ 7.97 | 46% |
| ATEC | 0.59 | 0.19 | -68% | -36.7% | $ 1.82 | 10% |
| AVID | 8.35 | 7.65 | -8% | 4.9% | $ 23.99 | 32% |
| CRNT | 1.38 | 1.10 | -20% | -9.1% | $ 3.97 | 28% |
| CKP | 6.76 | 7.51 | 11% | 19.8% | $ 17.98 | 42% |
| MTSL | 1.25 | 0.80 | -36% | -5.9% | $ 2.89 | 28% |
| GSL | 3.09 | 2.12 | -31% | -18.5% | $ 6.00 | 35% |
| ** Current price includes cumulative dividends | ||||||
Cheap Stock Investor 