August 2016 Update

We have sold 5 of our private positions in 2016.

Imation—31% gain

Mitel-15% gain

United Online-6% loss (take-under)

SGI—70% gain on takeover.

AVID-55% gain (this was a trading position-in addition to our long-term holding)

If you are interested in becoming one of our private subscribers, please e-mail me at daveosowski@gmail.com

Our 15 new, private stock positions (including the 5 sold positions) are up 18.6% for the year.

For our legacy stocks, August was not as good as July but still pretty good- up 4%, driven by a 38% gain in AVID, which we think still has a long way to go.

We are updating our open legacy portfolio once a month until all positions are sold.Of our closed out positions since inception, we have had 70 winners, 16 losers for an 81% win-rate with an average gain of 39%.

August 2016 Performance:

Index August YTD
Dow -0.2% 5.6%
Nasdaq 1.0% 4.1%
CSI 4.0% 31.2%

 

Per Share Current Lifetime 2016 Current Price to Prior
Stock Cost Price Gain/Loss Gain/Loss Valuation Valuation Valuation
ARIS SOLD 7/14/2016 210% 11.1% NA NA NA
CCUR **          4.58        7.37 61% 15.3% $     16.16 46% $     11.72
BLIN          3.95        0.78 -80% -31.0% $     2.11 37% $     2.06
DXMM SOLD 5/2/2016 -98% 0.0% NA NA NA
SYNC          2.56        2.82 10% 61.1% $     6.17 46% $     6.23
EXTR SOLD 7/21/2016 13% -4.9% NA NA NA
PRSS          4.01        2.98 -26% -22.4% $     7.73 39% $     7.75
ATEC          7.06        4.02 -43% 11.7% $     23.64 17% $ 280.65
AVID          8.35        8.99 8% 23.3% $     25.56 35% $     28.44
CRNT SOLD 8-5-2016 64% 86.0% NA NA NA
CKP SOLD-BUYOUT 3/2016 48% 60.0% NA NA NA
MTSL SOLD 3/29/2016 -9% 34.1% NA NA NA
GSL          3.09        1.70 -45% -34.6% $     3.00 57% $     3.00
** Current price includes cumulative dividends
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2 Comments

  1. Hello cheap stock investorsI want to continue recieving your mails if possibleThanks

    ב ספט׳ 1, 2016 14:47, Cheap Stock Investor כתב:

    Dave O posted: “We have sold 5 of our private positions in 2016.

    Imation—31% gain

    Mitel-15% gain

    United Online-6% loss (take-under)

    SGI—70% gain on takeover.

    AVID-55% gain (this was a trading position-in addition to our long-term holding)

    If you are interested in b”

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