September 2016 Update

We have sold 6 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)

HLIT-85% gain. We sold 75% of our position here.

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 6 sold positions) are up 31% for the year.

For our legacy stocks, September was again pretty good- up 5.7%, driven by a 134% gain in ATEC. The legacy portfolio is up 36.9% in 2016.

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%.

September 2016 Performance:

Index September YTD
Dow -0.5% 5.1%
Nasdaq 2.0% 6.1%
CSI 5.7% 36.9%

 

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        7.42 62% 16.1% $     16.16 46% $     11.72
BLIN          3.95        0.78 -80% -31.4% $     2.11 37% $     2.06
DXMM SOLD 5/2/2016 -98% 0.0% NA NA NA
SYNC          2.56        2.91 14% 66.3% $     6.17 47% $     6.23
EXTR SOLD 7/21/2016 13% -4.9% NA NA NA
PRSS          4.01        3.20 -20% -16.7% $     7.73 41% $     7.75
ATEC          7.06        9.40 33% 161.1% $     19.93 47% $     19.68
AVID          8.35        7.94 -5% 8.9% $     25.56 31% $     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        1.67 -46% -35.8% $     3.00 56% $     3.00
** Current price includes cumulative dividends
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