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
Cheap Stock Investor 