Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Wednesday, March 17, 2010

Sell MGIC @ $3.00 82% Gain

MGIC has crossed the 80% of our valuation mark. It hit $3.09 this morning. We will take our 82% profit and go home.

May be a takeover coming, but who knows. Can't be wrong taking a profit.

posted by Cheap Stock Investor | 8:33 AM

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