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

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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 9th 2014

After last week’s dismal performance we had our best week of the year this week-up 5.2% We are now up 7.2% for the year. The DOW was up 1.2% and NASDAQ was up 1.9%. For the year, the DOW is up 2.1% and NASDAQ is up 3.5%

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:

UNTD 47%
CCUR 28%
SIGM 77%
MRVC 16%
SYNC 53%

 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 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

Cheap Stock Weekly Update May 26th 2014

We were down .5% last week driven by a 7.5% loss in ARIS in which we are over-weighted. We are now up 3% for the year. The DOW was up .3% and NASDAQ was up 1.0%. For the year, the DOW is down .2% and NASDAQ is down 1.1%

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 45%
CCUR 28%
SIGM 76%
MRVC 17%
SYNC 51%

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

Last week we went 6 stocks up and 8 down. Since inception we are now 68 stocks up and 17 down for a 80.0% 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 Update: BUY CaféPress Inc. (NASDAQ–PRSS)

Valuation-$11.27

Price May 19, 2014, 2014-$5.40

PRSS is a little different than our usual picks. Although it is an online business, it basically sells T-Shirts and things. Nevertheless, we have been watching it for a while and think this is a good entry point. I own PRSS.

Latest earnings were for the quarter ended 3/31/2014. Nothing to write home about. Revenues were down from $52.5 million to $48.2 million and they lost $5.2 million versus a $4 million loss last year. Like most “retailers” their business is somewhat seasonal. They are projecting around $250 million of sales for 2014 and breakeven to a loss of $.12 a share on a Non-GAAP basis. Our valuation based on the latest quarter is $11.27 a share. If they hit their guidance, it is over $16 a share.

Back in February, PRSS announced that they had hired Raymond James & Associates to help them pursue “strategic alternatives”. We think PRSS could be sold for a premium to the current stock price, if a buyer can be found.

Trading at only 48% of our valuation we think this is a BUY..

There are about 17 million shares outstanding and it trades about 45,000 shares a day.

About PRSS: Continue reading