November 2016 Update

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

 

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