CSI Update August 2017

PRIVATE SUBSCRIPTIONS

 

We stopped publishing our free weekly CSI Blog after 10 years of publishing at the end of 2015. We are following our 6 remaining open positions until the end.

In late 2015 we started offering a paid subscription service which is similar to the Blog, but we tell you exactly what stocks we bought and why—and sold every day, with a weekly summary of activity, open positions, how many shares we own and their valuations.

Here is the list of private subscription stocks I have bought and sold since December 2015.

2017-MaxPoint, 60% gain

2017-Tremor Video, 25% gain

2017-ShorTel, 24% gain on BUY-OUT

2017-MRV Communications, 6% loss on BUY-OUT

2017-Ceragon, 5% gain

2017-Angie’s List, 60% gain on BUY-OUT

2017-Syneron Med. 46% gain on BUY-OUT

2017-RocketFuel, 140% gain in 4 months

2017-Lantronix, 135% gain

2017-Undisclosed spinoff, 1% gain

2017-HLIT, 78%

2017-Ceragon, 48% gain

2016-Imation, 31% gain

2016-Mitel, 15% gain

2016-SGI, 70% gain on BUY-OUT.

2016-AVID, 55% gain (this was a trading position-in addition to our long-term BLOG holding)

2016-UVE, 36% gain.

2016-ATEC, 71% gain. (This was a trading position-in addition to our long-term BLOG holding)

2016-United Online, 6% loss BUY-OUT

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

We averaged a 46.3% gain on our 19 sold stocks (17 winners and 2 small losers) in our private portfolio since January 1, 2016.

CSI FREE BLOG

Of our closed out positions on the Blog, since inception, we have had 70 winners, 17 losers for an 80.5% win-rate with an average gain of 38%.

Since we have only 6 remaining stocks in our “portfolio” we will be discontinuing the portfolio performance metrics in 2017. We will continue to update on the remaining stock positions individually in 2017.

In August:

 BLIN had to do another 1 for 5 reverse stock split. This is the second one in just over 2 years. An AMAZING destruction of value by this management group. Our new valuation is $7.01

PRSS announced Q2 earnings. Their “turnaround” continues. Our new valuation is $6.51 and they have $1.80 per share in cash. We are still hopeful on this one, but it is taking too long, which is always concerning.

SYNC announced Q2 earnings. Not bad but the full impact of the $100 million AT&T contract is delayed until next year. Our valuation rose to $5.32 from $4.49.

August 2017 Legacy Positions:

                 Share      Current      Lifetime      Current      Price to     Prior

 Stock         Cost          Price          Gain            Value         Value       Value

CCUR         $4.58        $8.72           90%               $11.49        76%           $13.83

BLIN          $19.76      $2.64          (87%)               $7.01        38%            $7.20

SYNC           $2.56       $2.30          (10%)               $5.32        43%            $4.49

PRSS            $4.01      $2.12           (47%)              $6.49         28%            $5.61

ATEC           $7.06       $2.02          (71%)              $7.42         17%            $9.42

AVID            $8.35       $4.41         (47%)             $16.50         30%         $17.34

 

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