Cheap Stock Weekly Update May 5th 2014

Overall last week we were up 1.8% and are now up 4.9% for 2014. The DOW was up .9% and NASDAQ was up 1.2%. For the year, the DOW is down .4% and NASDAQ is down 1.3%

UNTD, TSYS and CCUR earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

UNTD 43%
CCUR 28%
SIGM 71%
MRVC 26%
SYNC 55%

 

BLIN, DAEG and UNTD can still be bought.

Last week we went 4 stocks up, 5 down and 3 unchanged. Since inception we are now 67stocks up and 17 down for a 79.8% winning percentage (80% is our target win %). Of our closed-out positions 59 have been winners and 13 have been losers for an 82% win percentage and a 34% average net gain per position.

Since our beginning, we have closed out the following positions:  Continue reading →

0 CommentsLeave a comment

CSI Update: Telecommunications Inc. May 1st 2014

TSYS announced Q1 2014 earnings after the close on May 1. Revenues were $85.1 million down 10% from $94.8 million last year and up 8% from last quarter. GAAP net loss was $.01 the same last year. Non-GAAP net income was $.04, also the same as last year. Overall a decent quarter. Our valuation rose to $5.99 from $5.32 last quarter. TSYS is trading at about 42% of our valuation. Based on the valuation, this could be a buy, but we are up 85% and will just continue to HOLD here.

It’s earnings season! I will be updating the blog more frequently during this time. If you don’t want to miss out, be sure to click the “follow” button on the left side of the page.

0 CommentsLeave a comment

CSI Update: United Online May 1st 2014

UNTD announced Q1 2014 earnings after the close on April 30th. Revenues were $55.4 million down 3% from $57.2 million last year. GAAP net loss was $.75 a share, compared to income of $.03 per share last year. OIBDA (operating income before depreciation and amortization-the term United uses, which is essentially EBITDA) was $3.2 million compared to $5.2 million last year. Overall an OK quarter. Our valuation rose to $32.35 from $27.86 last quarter. UNTD is trading at about 40% of our valuation and cash is 40% of the market cap ($4.79 a share versus $4.29 a share last quarter. Although it looks like the stock will fall this morning (it was up $.78 yesterday), we think this is a buying opportunity.

0 CommentsLeave a comment

CSI Update: Concurrent Computer Earnings April 29th 2014

CCUR announced Q3 2014 earnings after the close today. Revenues were $18.3 million, up 8% from last year and EPS was $.12 up 9% from last year. Net cash was $2.47 per share. Overall a nice quarter. Our valuation fell slightly to $15.01 from $15.10 last quarter. CCUR is trading at 56% of our valuation and cash is 30% of the market cap. If we were not up 98% on this, we would think about buying it here based on the valuation.

0 CommentsLeave a comment

Cheap Stock Weekly Update April 26th 2014

CBEY had a takeover offer last week. We sold it for a 37% gain in a little over 2 years. On the other hand we are selling GRVY for and booking a 36% loss after holding this for a bit over 4 years.

Overall last week we were up 1.8% and are now up 3.1% for 2014. The DOW was down .43% and NASDAQ was down .45%. For the year, the DOW is down 1.3% and NASDAQ is down 2.4%

No earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

UNTD 37%
CCUR 31%
SIGM 64%
MRVC 26%
SYNC 55%

 

BLIN, DAEG and UNTD can still be bought.

Last week we went 4 stocks up, 8 down and 2 unchanged. Since inception we are now 66 stocks up and 18 down for a 79.8% winning percentage (80% is our target win %). Of our closed-out positions 59 have been winners and 12 have been losers for an 83% win percentage and a 34% average net gain per position.

Since our beginning, we have closed out the following positions: Continue reading →

2 CommentsLeave a comment

CSI Tip: CBEY taken over this morning! Sell @ $9.85

CBEY got their take over offer this morning from Birch Communications at between $9.97 and $10 a share. While this is way below our valuation of $26.21 we generally don’t violate Rule #1—Take the money. We will book a 37.4% gain on this one.

*Follow CSI by email if you never want to miss a post. You can subscribe by clicking the “follow” button on the left hand side of the page.

0 CommentsLeave a comment

Cheap Stock Weekly Update April 18th 2014

Finally, an up week for us and the markets. We were up 1.5% and are now up 1.3% for 2014. The DOW was up 2.4% and NASDAQ was down 2.4%. For the year, the DOW is down 1.0% and NASDAQ is down 1.9%

No earnings last week and a slow news week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

GRVY 172%
CCUR 31%
SIGM 62%
MRVC 24%
SYNC 52%

 

BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 9 stocks up, 4 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions: Continue reading →

2 CommentsLeave a comment

Cheap Stock Weekly Update April 12th 2014

Three weeks in a row of losses, down .9%,. We are now down .2% for 2014. The DOW was down 2.4% and NASDAQ was down 3.1%. For the year, the DOW is down 3.3% and NASDAQ is down 4.2%

SIGM earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.

Check this list:

GRVY 170%
CCUR 32%
SIGM 58%
MRVC 24%
SYNC 50%

BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 3 stocks up, 9 down and 2 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions:  Continue reading →

0 CommentsLeave a comment

Cheap Stock Weekly Update April 4th 2014

Another bad week for us, down 2.1%,. We are now only up .7% for 2014. The DOW was up .6% and NASDAQ was up .7%. For the year, the DOW is down 1% and NASDAQ is down 1.2%
No earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:

GRVY 169%
CCUR 30%
SIGM 55%
MRVC 24%
SYNC 51%

BLIN, DAEG, GRVY and CBEY can still be bought.

Last week we went 6 stocks up, 7 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions:  Continue reading →

0 CommentsLeave a comment

Cheap Stock Weekly Update March 28th 2014

Bad week last week as we were down 4.4%, and are up 72.7% for 2014. The DOW was up .1% and NASDAQ was down 2.8%. For the year, the DOW is down 1.5% and NASDAQ is down .5%
No earnings last week.

Some of our stocks are just stupid cheap—compared to their net cash on hand per share divided by their stock price.
Check this list:

GRVY 169%
CCUR 31%
SIGM 56%
MRVC 22%
SYNC 52%

BLIN, DAEG, GRVY and CBEY can still be bought.
Last week we went 0 stocks up, 13 down and 1 unchanged. Since inception we are now 66 stocks up and 18 down for a 78.6% winning percentage (80% is our target win %).

Since our beginning, we have closed out the following positions:

Continue reading →

0 CommentsLeave a comment