CSI Update, March 2020-Free Blog

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.

SYNC announced they are merging with QUMU. At first I thought this was a dumb move, but QUMU provides tools to support on-line video, which may work out after all if they can complete the deal.

https://finance.yahoo.com/news/synacor-reports-strong-fourth-quarter-210500493.html

ATEC continues to grow but is trading above my valuation. I should have sold in the high $7’s when I had the chance.

https://finance.yahoo.com/news/atec-announces-preliminary-first-quarter-130010697.html

AVID continues to do well, my valuation jumped to $18.71. Their subscriptions business continues to grow, but their storage business will be hurt by the economic impact of the virus.

https://finance.yahoo.com/news/avid-technology-issues-business-response-002010051.html

March was a tough month for sure. The virus whacked all of our stocks.

March 2020 Legacy Positions:

SYNC

Share cost $2.56

Current Price $1.02

Lifetime Gain (Loss) (60%)

YTD Loss 33%

Current Valuation $4.31

Price to Value ratio 24%

Prior Valuation $5.05

ATEC

Share cost $7.06

Current Price $3.45

Lifetime Loss 51%

YTD Loss 51%

Current Valuation $5.30

Price to Value ratio 65%

Prior Valuation $5.29

 AVID

Share cost $8.35

Current Price $6.73

Lifetime gain -19%

YTD Loss 22%

Current Valuation $18.71

Price to Value ratio 36%

Prior Valuation $13.52 

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