NASDAQ got hammered for over 1,200 points last week. But I was up 2.9% and am up 17% YTD. But nothing is at a point were I think I should sell.

I did buy some BMBL this week at $2.84. I had been looking at it for a few weeks. My valuation on it is about $9 a share. But they are in the middle of cleaning the company up, cutting low/no margin revenues and cutting expenses so revenue comps are ugly right now. But the capper for me was the rumor on Thursday that they were looking at selling the company. Unless they get a really good price, my guess is they will not sell. They are paying down debt and are supposed to make around $1 a share EPS this year, so if they execute, I think the stock price will at least double form here anyway.

It was an blah week. I was up.7% and am up 14.1% for the year.

Good news on EDAP, PERI and NEXN. But their prices barely moved. Billions of dollars chasing SpaceX I guess, at over 100X revenues and losing money.

I wish I bought Micron, Seagate. etc,, but to me these are commodity stocks and subject to wild swings and I don’t buy commodity stocks.

I was up 3.4% last week and am now up 13.4% YTD

LE announced earnings. They were OK. Guidance was tepid at best, but this new joint venture they entered into could make this stock a home run down the road. The stock initially fell but then rebounded strongly.

Even with NASDAQ plunging 1,100 points today, the market breath was not convincing. On the NYSE, the decline/advancer ratio was just over 2 to 1 and on NASDAQ it was just over 3 to 1. We haven’t seen a blow-out day since like 2022 where decliners lead advancers by 10 to 1 or more. That used to happen a few times a year. Maybe it will never happen again, but I doubt it.

I was up for the week until today. I ended down 2.4% and am now up 10.1% for the year.

I bought more PLTK today as it back down to just below where I initially bought it and nothing has changed. Still profitable and still pursuing “strategic alternatives”. At just 6X EBITDA, less net debt this is worth about $5.75 a share.

LE looks OK to buy here too. Earnings are next week.

PERI is cheaper than ever trading at $.38 over its net cash and on track to make over $1 a share this year.