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, September 12, 2012

MEDW Buy out at $22

After holding MEDW for 5 years and knocking down a 133% gain, MEDW got a take-over offer this morning for $22 a share or more than 3X our average buy price.

Coulda, woulda, shoulda.

Well we had not quite liquidated our position in MEDW and still have about 35% of our position so we are only 65% stupid for selling early on this one, but 35% smart.

This would have been our first buy-out of the year....................


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