Well it is almost a year after we sold ARIS and they finally got a deal for $7.10 a share. I held it for 9 years, so I guess I was patient, just missed it by a little. 210% gain anyway, but hate that I missed the full deal.
Month: June 2017
AVID, more insider buying
The CEO bought another 136,000 shares on 6/14/17 at $4.99. This is on top of the 141,000 shares he bought on 6/13/17. Putting his money where his mouth is!
Cafepress
Lloyd Miller filed a 13D disclosing he now owns 20% of the company after buying 200,000 shares at around $2.55 a share in May and June.
AVID
AVID’s CEO bought 141,000 shares last week at $5. The three year turnaround plan is finished and we hope the growth leg is upon us.
CSI Update
Here is the list of private subscriptions positions I have bought and sold since December 2015. My overall gain is 54.9% on these positions.
Ceragon, 5% gain
Syneron Med. 46% gain on BUY-OUT
RocketFuel, 140% gain in 4 months
Lantronix, 135% gain
Undisclosed spinoff, 1% gain
HLIT, 78%
Ceragon, 48% gain
Imation, 31% gain
Mitel, 15% gain
SGI, 70% gain on BUY-OUT.
AVID, 55% gain (this was a trading position-in addition to our long-term BLOG holding)
UVE, 36% gain.
ATEC, 71% gain. (This was a trading position-in addition to our long-term BLOG holding)
United Online, 6% loss (take-under)
ATEC Update 6/3/2017
Niraj Gupta filed a 13G on Alphatec last week disclosing a 7.5% stake with 814,459 shares. I can’t pin down who this guy is. But at least someone else has been buying!