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.
CSI Update 3/27/2024-EDAP
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
CSI Update-3/26/2024-IRIX
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 Update 3/23/2024
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.
CSI Update 3/16/2024-SNCR
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 Update 3/15/2024
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
CSI Update
CSI up 4.9% last week and up 27.8 % for the year
NYSE up 1.6% last week and up 6.2% for the year
Russell 2000 up .4% last week and up 2.8% for the year
NASDAQ down 1.3% last week and up 7.2% for the year
CSI Update-NEXN
Q4 earnings were just fine. They made $.44 per ADR for the year and had $1.83 an ADR in net cash. My valuation rose to $12.40 from $12.01. They claim they are not doing any acquisitions for a while, so cash should continue to build up.
CSI Update-MIXT
I sold my remaining shares in MIXT yesterday and today at $9.65 for a 45% gain.
CSI Update-EDAP
EDAP Announces FDA Breakthrough Device Designation for Focal One® in the Treatment of Deep Infiltrating Rectal Endometriosis.
https://finance.yahoo.com/news/edap-announces-fda-breakthrough-device-120000865.html