Last week was an up week for us after three weeks of going nowhere. We were up .6% last week and are now up 5.8% for the year. The DOW was up .9% and NASDAQ was up .3%. For the year, the DOW is up 3.2% and NASDAQ is up 6.0%
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:
PRSS, MRVC, DAEG, EXTR, SYNC 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.
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