Boy this market has stunk for the last 6 weeks.
So I bought some PRTS (valuation-over $11) and ANGI (yes-again. Valuation of over $5).
Boy this market has stunk for the last 6 weeks.
So I bought some PRTS (valuation-over $11) and ANGI (yes-again. Valuation of over $5).
CSI down 4.1% last week and up 15.2% for the year
NYSE down 2.9% last week and up 4.7% for the year
Russell 2000 down 3.0% last week and down 1.2% for the year
NASDAQ down .5% last week and up 7.8% for the year
The Magnificent 7 stocks are up 15.2% for the year and comprise 52% of the entire NASDAQ market cap, meaning most NASDAQ stocks are down.
CSI up 1.1% last week and up 19.4% for the year
NYSE down 1.1% last week and up 7.5% for the year
Russell 2000 down 3.0% last week and up 1.8% for the year
NASDAQ down .9% last week and up 8.2% for the year
Magnificent 7-up 14.2% YTD. These 7 stocks make up 44% of the entire NASDAQ Composite index
CSI down .1% last week and up 18.3% for the year
NYSE up 1.2% last week and up 8.7% for the year
Russell 2000 up 2.5% last week and up 4.8% for the year
NASDAQ down .3% last week and up 9.1% for the year
Magnificent 7-up 13.3% YTD. These 7 stocks make up 37% of the entire NASDAQ Composite index
I bought some SCOR today at $15.30. My valuation is around $45 a share. Good company, but their $188 million of convertible preferred stock is the issue. It is owned by strategic investors, not financial investors, but it is still the negative weighing on the stock price.
Q4 earnings today were mixed. Revenues were a record at $21.3 million, but they managed to lose $5.5 million. Endometriosis is progressing and hopefully gets approved later this year. They maybe we have a huge winner here. My valuation rose to $7.64.
https://finance.yahoo.com/news/edap-reports-fourth-quarter-full-110000921.html
IRIX announced Q4 earnings today. My valuation dropped to $4.31 from $4.81. Q4 revenues were disrupted by the Medicare snafu in Q4. They say they are on the verge of selling “certain assets”. Who knows what that means. But they say it will happen “soon”.
https://finance.yahoo.com/news/iridex-reports-fourth-quarter-full-200500131.html
CSI down 1.4% last week and up 18.4% for the year
NYSE up 1.6% last week and up 7.5% for the year
Russell 2000 up 1.6% last week and up 2.2% for the year
NASDAQ up 3.0% last week and up 9.4% for the year
Magnificent 7-up 14.9% YTD. These 7 stocks make up 44% of the entire NASDAQ Composite index.
They released earnings last week. All seems on the right track to a profitable 2024. My valuation based on their guidance is $18.28.
CSI down 7.9% last week and up 19.8 % for the year
NYSE down .2% last week and up 5.9% for the year
Russell 2000 down 2.2% last week and up .6% for the year
NASDAQ down .7% last week and up 6.4% for the year