I had a crappy week. I was down 6.4% and am now up 17.5% for the year.

I sold 1/3 of my remaining NEXN ahead of Q2 earnings for a 73% gain. They announced a great quarter on Wednesday. They have $132 million of cash ($2.27 per share) and project $122-$132 million of EBITDA for the year. The market cap is about $600 million meaning that they are trading at less the 4X EBITDA net of cash. CHEAP. Worth at least $15 a share IMO.

I also sold my ZIM for a tiny 4% gain. I figured I would get out at a small gain rather than wait to see what happens with their 2 buy-out offers seem stalled.

FOCL (EDAP) did a secondary offering at $4.75 a share knocking the stock down from over $6. This was the biggest impact on my week. They also announced Q2 earnings. Revenues were good, up 54% but the large losses continue.

SCOR announced they were chopping $25 million of expenses. The turnaround continues. They also announced Q2 earnings and a $10 million loss (excluding transaction costs for prepaying their debt and selling their movie division. I wish I never bought this but I still have hope. The stock dropped about 15% and helped me have a crappy week.

PERI announced Q2 earnings. They were fine. They have $7.24 a share in cash ($268 million), no debt, expect EBITDA of about $50 million. They are trading at a market cap of about $400 million or about 2.6X EBITDA, plus cash. CHEAP. Worth at least $15 a share IMO.

ACH is now down over 70% since I sold it for a profit. Whew.