CSI January 2022 Update

2022 didn’t start out well for the market. All of the averages were down. I was up 1.0% in January.  The DOW ended down 3.3%, NASDAQ ended down 9.0% and the Russell 2000 was down 9.7%, so I was able to beat the market averages again (so far). I didn’t start any new stock positions in January but I added to several positions as prices got beaten down for no reason and I sold 1/3 of an old-line tech stock for a 101% gain.

As I wrote about in December, inflation, supply chain issues, interest rates, oil prices, and on and on, look like they have finally made a dent in stock valuations. We have already had a relatively small correction in the market and I am thinking it will correct further. I think anything (Tech and Medical”  that has a valuation over 3X revenues that is not supported by good earnings will still have a ways to fall.

In late 2015 I started offering a paid subscription service which is similar to the Blog, but I tell you exactly what stocks I bought and why—and sold every day, with a weekly summary of activity, open positions, how many shares I own and their valuations. 87% of my closed and open stock positions have been profitable.

The cost to subscribe is $50 a month for individuals, with a 100 subscriber limit. First-time subscribers can purchase a 3 month subscription for $100. I am not trying to get rich by having thousands of subscribers. I do this for self-discipline in my investing, so I am accountable to someone besides myself, which helps keep me focused. I am NOT a trader. I buy my stocks thinking I will own them for 2 years. Many, I own for far less than two years, but some I have held for five years or more. Including my current open positions, 86% of my stocks have been or are profitable.

Through 2022 to date, I have averaged a 50.5% gain on the 58 stocks I have sold (54 winners and 4 losers) in my private portfolio since January 1, 2016. Sixteen of the 58 stocks have had buy-out offers, including two in 2016, six in 2017, two in 2018, none in 2019, two in 2020 and four in 2021. No buy-outs so far in 2022.

My total portfolio was up 42.7% in 2021, 30.6% in 2020 and 72.8% in 2019. I took most of these gains and banked them in cash.

I stopped publishing our free weekly CSI Blog after 10 years of publishing at the end of 2015. Since inception in 2006, I had 73 winners, 20 losers for a 78.5% win-rate with an average gain of 38.9% on the free blog.

If you are interested in becoming one of my private paid subscribers, please e-mail me at daveosowski@gmail.com to get all the terms and conditions.

Here is the list of private subscription stocks I have bought and closed out my position on, since December 2015.

2022 Old-line Tech stock-Sold 1/3 for a 101% gain.

2021 Old Line media stock, Buy-Out,sold 75% for a 37% gain

2021 Tech Stock, 48% gain-Buy-Out (still holding some for tax reasons)

2021 Lee Enterprises, 115% gain

2021 Leaf Group, 84% gain-Buy-Out

2021 Evolving Systems, 222% gain

2021 DHI Group, 49% gain

2021 Avid Technology, 143% gain

2021 Synacor, 10% loss-Buy-Out

2021 Extreme Networks, 52% gain

2021 Synchronoss, 77% gain

2021 Accuray, 62% gain

2021 Alphatec, 96% gain

2020 ZAGG 43% loss-Buy-Out

2020 Alaska Comm. 46% gain-Buy-Out (again)

2020 MIX Telegraphics, 27% gain

2020 QUAD Graphics, 3% gain

2020 VOXX, 1% gain

2020 Alaska Comm. 46% gain

2020 Cutera, 31% gain

2020 Aviat Networks, sold remaining 1/3 for a 7% gain (overall 15% gain)

2020 DHI .4% gain

2020 QUAD Graphics 54% gain

2020 Medical equipment company-sold 33% for a 61% gain

2019 EXFO, 1% gain

2019 PERI, 77% gain

2019 Quantum Corp, sold for 48% gain

2019 EXTR, 15% gain

2019 DHI Corp, 46% gain

2019 Medical device company, (sold 80%), 69% gain

2019 Lantronix, 41% gain

2019 PDLI, 15% gain

2018 The Rubicon Project 1% gain

2018 Otelco 116% gain.

2018 Global Ship Lease 4% gain, Buy-Out

2018 Telecom Services (57% sold) 3% gain

2018 Lantronix, 52% gain

2018 Ceragon Networks, 82% gain

2018 Aviat Newtowrks. (1/3 sold) 17% gain

2018 Pitney Bowes 31% gain

2018 Calix 1% gain

2018 Xerox 34% gain, Buy-Out

2018 RMG Networks-1% gain

2017 Telecommunications Co., 59% gain (partial sale)

2017 magicJack 17% gain, Buy-Out

2017 eGain 56% gain

2017 YUME 90% gain, Buy-Out

2017 MaxPoint Interactive 60% gain

2017 Shortel 24% gain, Buy-Out

2017 Tremor Video 25% gain

2017 MRV Communications 6% loss, Buy-Out

2017 Ceragon Networks 55% gain

2017 Angie’s List 60% gain, Buy-Out

2017 Lantronix 135% gain

2017 Syneron Medical 46% gain, Buy-Out

2017 RocketFuel 140% gain

2017 Conduent .1% gain

2017 Harmonic 74% gain

2016 Ceragon Networks 48% gain

2016 Alphatec 71% gain

2016 Universal Insurance 36% gain

2016 Mitel Networks 15% gain

2016 Avid Technology 50% gain

2016 Silicon Graphics 70% gain, Buy-Out

2016 Imatron 30% gain

2016 Harmonic 80% gain

2016 United Online 5% loss, Buy-Out

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