Sunday, December 11, 2016

New YouTube Videos + BSQR & JYNT Updates

Haven't been blogging as much on this site, however I have been active in the last few months. Recently I have been taking a look at Under Armour's business model, and have seen some signs of weakness. Most recently I wrote about their connected fitness business unit - which UA has spent about $1B developing/acquiring assets for. With companies like FIT on decline, and recently buying up rival PEBBLE off the scrap heaps, doesn't look like this connected fitness stuff is generating much for shareholders.

I've gotten some very nice feedback on my YouTube channel, despite only having a handful of videos at the moment. Most recently I uploaded How To Pick An Online Broker and How To Read 10-Q Documents.

I only have 2 speculative investments in my portfolio at the moment. BSQUARE (BSQR) is a small software company that has a solution for tracking large equipment. With Donald Trump claiming he's going to be spending "big" on infrastructure over the next 4 years, a company like BSQR could see higher demand for it's new DATAV software package. Among other things, the software enables companies to manage fleet vehicles & heavy equipment. The stock has risen quite a bit over the last few months, and if the company gains more customers in 2017 it could get some real momentum.

The Joint (JYNT) is the second speculative stock I have in my portfolio. I've had to average down several times, but I believe I'm protected somewhat by the company having a business model that can scale up. One thing thing that set the stock back in 2016 was the company fired basically the entire c-suite. There was only small details provided by current management as to why everyone was let go very suddenly, however it appears the launch of Chicago area clinics have gone poorly. The company is already seeking alternative to those sites - most have only been open for only 12 months or so. There must have been a huge blunder by the old management, so it probably will take a while before this company starts making some moves. I'll be keeping an eye on a financing round they likely will have to lead - considering the company doesn't have a ton of cash. I don't think this company goes under any time soon, but the set-backs in large markets is going to take this company back a step or two.

Wednesday, May 11, 2016

MGT Capital now John McAfee Global Technologies

For those of you that have followed this blog & my research, I've long been outspoken on the challenges MGT Capital would face.

Over the course of the last few years, I successfully predicted that MGT would never materialize significant (or any) positive revenue from any of their business models. These included:

RealDeal Poker
FanThrowdown
DraftDay
Slot Champ
Slot Patents
... ect

Sep 2, 2014 - MGT Capital Investments Stock On A Wild Ride

Sep 4, 2014 - Is CEO Robert Ladd Good For MGT Shareholders?

Sep 9, 2014 - Low Turnout For MGT's DraftDay Fantasy Sports Website Week 1

Nov 19, 2014 - MGT Capital Investments DraftDay.com 3rd Quarter Overview

Ultimately MGT's underlying assets were worth nothing when the public symbol MGT was essentially used for reverse merger purposes. The newly formed company John McAfee Global Technologies won't have anything to do with the prior MGT business models.

So while MGT shares may run up as speculators trade what McAfee might or might not do. My work on this stock is likely complete. I have very little knowledge of the computer/software security business and really don't know much (other than the headlines) about John McAfee. He could end up creating lots of wealth - and I guess it's possible bagholders of MGT get un-stuck.

However, I encourage former holders of MGT to do research on what the current plan might be. Read the SEC documents (see my tutorial on reading 10K documents here) and make your judgement based on logic instead of company hype. Just because you might have been bailed out in this instance, that doesn't always happen.

Monday, March 7, 2016

Started An Investing Tips YouTube Channel

I've had a decent amount of requests over the years to start a YouTube channel. I'm not exactly sure what direction the channel will go in, but initially I plan on giving some overviews of some trading & investment ideas. I've already posted one video review of Lending Club. I will probably do some real basic stock market advice & tutorials in the beginning and go from there.

I just recently posted a new video where I discuss 5 stocks under $5 that could double. Some of the stocks I own, others are just on my radar/watchlist. As with any of these speculative stocks, you really need to do your homework - and also have really good timing. If the market retreats back to new lows - most of the small-cap names are going to get crushed. However, if you are a perma-bull and think the market will breakout & resume the uptrend, these small-cap names can really explode.

Other than that, I've been posting a bit to SeekingAlpha, but there really hasn't been many opportunities in small-cap names that I've really fallen in love with. In 2016 I have been buying/accumulating shares of Nike, Verizon, AT&T, Apple, and Disney. If market pressures lower the valuations of these companies further - I will be buying more.

Good luck!