We have sold 8 of our private positions in 2016 (either fully or partially).

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.

UVE-36% gain.

ATEC—71% gain. (This was a trading position-in addition to our long-term holding)

If you are interested in becoming one of our private paid subscribers, please e-mail me at daveosowski@gmail.com. It is NOT CHEAP though.

We averaged a 41% gain on our 8 sold positions in our private portfolio and are up 3% on our other 16 positions.

November was just a so-so month–up .7% compared to the Dow up 5.6% and NASDAQ up 2.7%. We are still up a healthy 23.9% compared to the DOW up 9.7% and NASDAQ up 6.3% for the year. GSL was up 130% and got close to our cost basis and we got out at $3.00. It is now sub-$2 again.

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, 17 losers for an 80% win-rate with an average gain of 38%.

November 2016 Performance:

Index	November	YTD
Dow	5.6%	9.7%
Nasdaq	2.7%	6.3%
CSI	0.7%	23.9%

 

	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	7.53	64%	17.8%	$     9.49	79%	$     16.16
BLIN	3.95	0.63	-84%	-44.2%	$     2.11	30%	$     2.06
DXMM	SOLD 5/2/2016		-98%	0.0%	NA	NA	NA
SYNC	2.56	3.05	19%	74.3%	$     6.17	49%	$     6.23
EXTR	SOLD 7/21/2016		13%	-4.9%	NA	NA	NA
PRSS	4.01	3.05	-24%	-20.6%	$     7.43	41%	$     7.73
ATEC	7.06	5.23	-26%	45.3%	$     18.78	28%	$     19.93
AVID	8.35	4.21	-50%	-42.2%	$     22.03	19%	$     25.56
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	SOLD 11/16/2016		-3%	15.8%	NA	NA	NA
** Current price includes cumulative dividends