CSI Update April 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 which is merging with QUMU rebounded 40% in April as video conferencing is now a big thing with the virus forcing companies to not travel or even be in the office.

ATEC called off its expensive merger with EOS imaging. In this market, adding a bunch more debt could be suicidal, so I think this is a good thing in the short term.

AVID. With everybody sitting at home this should be a good time for its subscription business, but maybe not so good for its hardware storage business. The bet here has always been on the software subscription business.

April 2020 Legacy Positions:

SYNC

Share cost $2.56

Current Price $1.45

Lifetime Gain (Loss) (43%)

YTD Loss 5%

Current Valuation $4.31

Price to Value ratio 34%

Prior Valuation $5.05

 

ATEC

Share cost $7.06

Current Price $4.53

Lifetime Loss 36%

YTD Loss 36%

Current Valuation $5.30

Price to Value ratio 85%

Prior Valuation $5.29

 

 AVID

Share cost $8.35

Current Price $7.02

Lifetime gain -16%

YTD Loss 18%

Current Valuation $18.71

Price to Value ratio 38%

Prior Valuation $13.52 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s