Four Month Follow Up ….
October 8th, 2010
It’s been exactly 4 months since my write-up on
7 Bargain-Priced Stocks with Big Upside
Here was the original list from June 8, 2010…
Here are the current prices as of 3PM EST on Oct. 8, 2010…
|
|
June 8 |
October 8 |
$ Change |
% Change |
|
|
DAVE |
$8.15 |
$10.42 |
$2.27 |
27.85% |
|
|
GNK |
$15.62 |
$16.76 |
$1.14 |
7.29% |
|
|
RICK |
$8.20 |
$7.05 |
($1.15) |
(14.02%) |
|
|
MYE |
$7.99 |
$9.06 |
$1.07 |
13.39% |
|
|
SMRT |
$6.70 |
$9.70 |
$3.00 |
44.77% |
|
|
CLMS |
$8.86 |
$12.85 |
$3.99 |
45.03% |
|
|
CBR |
$2.72 |
$3.30 |
$0.58 |
21.32% |
|
|
Average Portfolio Gain = 20.80% + Dividends |
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|
DJIA + 11.80% |
S&P 500 + 10.54% |
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I’m satisfied and continue to hold all seven stocks. I am writing covered calls on many of these now.
Famous Dave’s in stock buy back
Phoenix Business Journal
Date: Tuesday, November 9, 2010
The board of Famous Dave’s of America Inc. has authorized the company to repurchase up to 1 million shares of its common stock.
The Minnetonka-based barbecue restaurant company has about 8.4 million shares outstanding. Its stock (Nasdaq: DAVE) closed the day Monday at $8.99 per share, down 13 cents or about 1.4 percent.
The stock has risen 48 percent over the past 52 weeks, according to the Minneapolis-St. Paul Business Journal.
“Extending our stock repurchase program demonstrates our commitment to generating shareholder value and our confidence in the long-term growth potential of Famous Dave’s,” said Christopher O’Donnell, president and CEO in a press release.
Stein Mart declares special dividend of 50 cents; will be paid on Dec. 22
On Friday November 12, 2010, 9:31 am EST
JACKSONVILLE, Fla. (AP) — Stein Mart Inc. is declaring a special dividend of 50 cents per share.
The discount department store operator said Friday that the dividend, which will likely total about $22 million, will be paid on Dec. 22 to shareholders of record Dec. 8.
What is driving the price of Ciber (CBR) lately?
How long does it take for the covered call options to respond to a small cap stock such as this?
Frank
Ciber meet with analysts and gave very upbeat guidance for the future in terms of revenues and earnings.
I was able to sell a limited amount of Feb. and May $5 calls at decent prices but the liquidity is not good right now for large trades.
CBR closed at $4.04 after hitting an intraday high of $4.15.
Volume was heavy at 1.274 MM shares.