Cheap Stock Weekly Update August 23rd 2014

We were down .6% last week. We are now up 6.4% for the year. The DOW was up 2.0% and NASDAQ was up 1.7%. For the year, the DOW is now up 2.6% and NASDAQ is up 8.7%

 MRVC earnings last week.

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

Check this list:

UNTD

40%

CCUR

30%

SIGM

52%

MRVC

17%

SYNC

48%

 PRSS, MRVC, DAEG, SYNC, SIGM and UNTD can still be bought.

 Last week we went 7 stocks up, 6 down and 1 unchanged. Since inception we are now 68 stocks up and 18 down for a 79.1% 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.

 The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate).  Continue reading

Cheap Stock Weekly Update August 18th 2014

We were up 2.8% last week. We are now up 7.0% for the year. The DOW was up .7% and NASDAQ was up 2.2%. For the year, the DOW is now up .5% and NASDAQ is up 6.9%

XRSC, DXM, PRSS, SYNC, EXTR, BLIN, CTIG and UNTD earnings last week.

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

Check this list:

UNTD 39%
CCUR 31%
SIGM 52%
MRVC 16%
SYNC 46%

PRSS, MRVC, DAEG, SYNC, SIGM and UNTD can still be bought.

Last week we went 7 stocks up and 7 down. Since inception we are now 68 stocks up and 18 down for a 79.1% 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.

The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate). Continue reading

Cheap Stock Weekly Update August 11th 2014

We were down 1.4% last week. We are now up 4.2% for the year. The DOW was up .4% and NASDAQ was up .4%. For the year, the DOW is now DOWN .1% and NASDAQ is up 4.7%

XRSC earnings last week.

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

Check this list:

UNTD 45%
CCUR 30%
SIGM 54%
MRVC 16%
SYNC 49%

PRSS, MRVC, DAEG, SYNC, SIGM and UNTD can still be bought.

Last week we went 5 stocks up, 8 down and 1 even. Since inception we are now 68 stocks up and 18 down for a 79.1% 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.

The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate). Continue reading

Cheap Stock Weekly Update August 4th 2014

The markets finally got whacked last week, bringing us along with it. We were down 4.1% last week. We are now up 5.6% for the year. The DOW was down 2.8% and NASDAQ was down 2.2%. For the year, the DOW is now DOWN .5% and NASDAQ is up 4.2%

TSYS earnings last week.

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

Check this list:

UNTD 45%
CCUR 30%
SIGM 57%
MRVC 16%
SYNC 48%

 PRSS, MRVC, DAEG, SYNC, SIGM and UNTD can still be bought.

Last week we went 2 stocks up, 11 down and 1 even. Since inception we are now 68 stocks up and 18 down for a 79.1% 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.

The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate).  Continue reading

Cheap Stock Weekly Update July 27th 2014

We were up 3.9% last week on the back of ARIS’s price rebound. We are over weighted in ARIS. We are now up 9.7% for the year. The DOW was down 8% and NASDAQ was up .6%. For the year, the DOW is up 2.3% and NASDAQ is up 6.5%

Some good EXTR news last week.

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

Check this list:

UNTD 45%
CCUR 30%
SIGM 57%
MRVC 16%
SYNC 48%

PRSS, MRVC, DAEG, SYNC, SIGM and UNTD can still be bought.

Last week we went 7 stocks up, 5 down and 2 even. Since inception we are now 68 stocks up and 18 down for a 79.1% 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.

The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate).  Continue reading

Cheap Stock Weekly Update July 12th 2014

Please check out our updated all time Performance Record on the link on the left of this page.

We were down 1.4% last week and are now up 5.3% for the year. The DOW was down .7% and NASDAQ was down 1.7%. For the year, the DOW is up 2.2% and NASDAQ is up 5.7%

No significant news last week.

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

Check this list:

UNTD 49%
CCUR 30%
SIGM 50%
MRVC 16%
SYNC 45%

 PRSS, MRVC, DAEG, EXTR,SYNC and UNTD can still be bought.

Last week we went 4 stocks up, 9 down and 1 even. Since inception we are now 67 stocks up and 18 down for an 78.8% 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.

The model portfolio assumes $10,000 invested in each stock (unless we double-up–then it is $20,000), less $10 commission each way (TD Ameritrade rate). Continue reading

Cheap Stock Weekly Update June 30th 2014

We were dead even last week and are now up 6.7% for the year. The DOW was down .6% and NASDAQ was up .7%. For the year, the DOW is up 1.7% and NASDAQ is up 5.3%

SYNC had some activist news.

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 46%
CCUR 30%
SIGM 51%
MRVC 16%
SYNC 45%

PRSS, MRVC, DAEG, EXTR and UNTD can still be bought.

Last week we went 8 stocks up and 6 down. Since inception we are now 68 stocks up and 17 down for an 80% 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

Cheap Stock Weekly Update June 23rd 2014

We were up .6% last week and are now up 6.7% for the year. The DOW was up 1% and NASDAQ was up 1.3%. For the year, the DOW is up 2.2% and NASDAQ is up 4.6%

DAEG earnings last week and CTIG announcement too.

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 49%
CCUR 28%
SIGM 53%
MRVC 17%
SYNC 46%

 PRSS, MRVC, DAEG, EXTR and UNTD can still be bought.

Last week we went 8 stocks up, 5 down and 1 even. Since inception we are now 66 stocks up and 19 down for a 77.6% 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

CSI Tip: HOLD ARI Networks

ARI announced Q3 2014 earnings (quarter ended April 30, 2014) on June 12th. Revenues were $8.2 million about even with last year. They actually made a profit of $.01 per share versus a $.05 loss last year.  Our valuation rose to $5.67 up from $5.57 last quarter. Recurring revenue was $7.6 million or 93% of total revenue.

It was nice to see them stop losing money, but growing revenue at their 80% margins boosts value more than earning $.01. Too bad their poor capital structure makes them have to balance the two. It will just take longer for them to grow.

From their press release:

“As we noted on our prior quarter earnings call, we expected year-over-year organic revenue growth in the back half of fiscal 2014 to be challenging, however, we anticipated significant improvement in our earnings and cash flow. The results for Q3 are in line with these expectations. The investments we are making in sales and marketing are having a positive impact on new sales and upsells. To date in fiscal 2014, we have invested 29.4% of revenue in sales and marketing versus 25.2% for the first nine months of last year. This has contributed to new dealer sales and upsell bookings, measured in annual contract value (ACV), being up 38.8% year-to-date. We believe this should translate into single-digit organic growth in Q1 FY15, growing toward low double-digit growth as we progress through fiscal 2015.”

HOLD

Sigma Designs Earnings Update 6/12/14

SIGM announced Q1 2014 earnings (quarter ended Mary 3, 2014) on June 11th. Revenues were $36.9 million down from $38.5 million last year. GAAP net loss was $.29 a share, compared to a loss of $.13 per share last year. Non-GAAP loss was $.14 per share compared to a $.01 profit last year. Our valuation fell to $8.24 down from $9.16 last quarter. Net cash per share was $2.38.

Only forecast in the press release was that this should be the lowest revenue quarter for the foreseeable future. The market seems to like the results as the stock is up about 25% over the last few days.