Of our closed out positions on the Blog, since inception, we have had 71 winners, 19 losers for a 79% win-rate with an average gain of 35.7%.
We will continue to update on the remaining stock positions individually until they are all sold.
In July:
AVID has continued to move up and is now up 116% this year and 23% lifetime.
ATEC is up 105% this year, but still is down 33% lifetime. ATEC raised about $57 million is a share offering last week. It got snapped up pretty quickly at only a 10% discount to the market price when it was announced.
SYNC, is down 1% this year and 43% lifetime. They announced that they are losing the AT+T contract, but the effects will not be felt until 2020 as they wind down and transfer the business. MGMT needs to sell this puppy.
July 2019 Legacy Positions:
SYNC
Share cost-$2.56
Current Price-$1.46
Lifetime Gain(Loss)-(43%)
YTD Gain(Loss)-(1%)
Current Valuation-$4.23
Price to Value ratio-35%
Prior Valuation-$5.48
ATEC
Share cost-$7.06
Current Price-$4.70
Lifetime Gain(Loss)-(33%)
YTD Gain(Loss)-105%
Current Valuation-$4.82
Price to Value ratio-97%
Prior Valuation-$4.83
AVID
Share cost-$8.35
Current Price-$10.25
Lifetime Gain(Loss)-23%
YTD Gain(Loss)-115%
Current Valuation-$16.39
Price to Value ratio-63%
Prior Valuation-$16.11