May continued our rebound from the horrible January, but we are still down 1.9% for the year.
SYNC soared in May with the announcement that they won a $100 million a year contract with AT+T. While the stock doubled, we think it has a ways to go yet. The positive impact won’t be seen until 2017 so it may pause here for a while. Still very cheap.
CCUR is still being pushed by Julian Singer to do something—like sell the company. It may get nasty.
We are updating our open legacy portfolio once a month until all positions are sold.
Of our closed out positions since inception, we had 67 winners, 16 losers for an 81% win-rate with an average gain of 37%.
May 2016 Performance:
| Index | May | YTD |
| Dow | 0.1% | 2.1% |
| Nasdaq | 3.4% | -1.2% |
| CSI | 1.7% | -1.9% |
Our 11 new private client stock positions (including 2 sold positions) are up 3.5% for the year.
| Per Share | Current | Lifetime | 2016 | Current | Price to | Prior | |
| Stock | Cost | Price | Gain/Loss | Gain/Loss | Valuation | Valuation | Valuation |
| ARIS | 1.61 | 3.86 | 139% | -14.2% | $ 6.46 | 60% | $ 6.40 |
| CCUR ** | 4.58 | 8.18 | 79% | 28.0% | $ 11.72 | 70% | $ 13.68 |
| BLIN | 3.95 | 0.75 | -81% | -33.6% | $ 2.06 | 36% | $ 4.40 |
| DXMM | SOLD 5/2/2016 | -98% | 0.0% | NA | NA | NA | |
| SYNC | 2.56 | 3.11 | 21% | 77.7% | $ 6.23 | 50% | $ 6.86 |
| EXTR | 3.43 | 3.69 | 8% | -9.6% | $ 7.48 | 49% | $ 8.76 |
| PRSS | 4.01 | 3.33 | -17% | -13.3% | $ 7.11 | 47% | $ 10.68 |
| ATEC | 0.59 | 0.21 | -65% | -31.0% | $ 2.43 | 9% | $ 2.26 |
| AVID | 8.35 | 5.95 | -29% | -18.4% | $ 28.44 | 21% | $ 23.50 |
| CRNT | 1.38 | 1.74 | 27% | 43.8% | $ 3.24 | 54% | $ 3.97 |
| CKP | BUYOUT 3/2/2016 | 48% | 60.0% | NA | NA | NA | |
| MTSL | SOLD 3/29/2016 | -9% | 34.1% | NA | NA | NA | |
| GSL | 3.09 | 1.64 | -47% | -36.9% | $ 3.00 | 55% | $ 3.00 |
| ** Current price includes cumulative dividends | |||||||
Cheap Stock Investor 