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.

Sunday, May 14, 2006


Market was looking good until Thursday, then WHAM. Have to wait until next week to see which way the market will go. Not a great week for our stocks either (although we actually had a couple that were up a bit):

MIVA--(Buy price $3.80, Valuation $9.10). Got hammered last week down to $3.79 after their earnings release--which was what they pre-announced a few weeks back. So no surprizes, and they announced a $10 million share buy back. So down it goes. Nothing has changed from when we bought it. Back even on this one now. BUY

Datawatch-(Buy price $3.66, Valuation $9.31). Closed at $3.76 from $3.83 last week. Up 3%. BUY. Like watching grass grow.

Inforte-(Buy price $4.11, Valuation $7.32). Closed up a nickel (!) at $4.95 in a bad market. Up 20%. HOLD for $6.00


LINN.ob-(Buy Price $.36, Valuation $.79). Dropped back down to $.36 from $.42 last week. Back to even on this one too. BUY

OPTO.ob-(Buy Price $1.25, Valuation $3.09). We got to new high territory by Wednesday last week and it looked like it was finally going to make a run at $2.00. BUT, then the market tanked. Closed at $1.45, up $.02 from last week and up 16% so far. They keep announcing new customers, so we just need patience on this one. HOLD

AVSO.ob-(Buy price $1.19, Valuation $3.14). Snuck over $2.50 last week, up a penny. Now up 111%. Looks like we could start moving towards $3.00 hopefully. HOLD

CTIG.ob-(Buy Price $.27 ask, Valuation $1.10). Dropped back $.02 last to $.32, still up 19%, but barely trading. Hopefully we will get some news soon and hopefully it will bring some deserved attention here. HOLD

IYXI.ob--(Buy Price $1.91, Valuation--over $3.00). We forgot this one last week. Not much new other than they will be doing an investor conference (Rodman and Renshaw--in Monte Carlo!) next week--15th and 16th. Closed at $2.43, up a penny. Up 27%. HOLD


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