Sunday, September 22, 2019

Watch List Update

Gee Group (JOB .7172) The stock has languished at about .50 since the beginning of August and, quite frankly, has looked like they're going away. But then Friday, 9/20, the stock was up 19% on triple average volume. It looks like a dog but watching regardless. Still no position.

GoPro (GPRO 4.66) Hit a 52 week low during the week of September 3rd and had rebounded to 4.70ish within a week. It's been around 4.70 since September 10 with a couple of volume spikes but still nothing to get excited about. Still, no position just yet.

Snap (SNAP 17.04) No changes, no position. Not even sure if I'm interested in following anymore.

Fit (FIT 4.10) FIT set a 52 week low of 2.81 in August. There is an argument that they're losing the wearables war and must search for other sources of revenue, vis a vis their "health subscription" option. No doubt there is value in this company, primarily their cash balance and decent balance sheet, let alone their immense amount of data. In fact, rumors circulated Friday, 9/20, that they may be exploring a potential sale and caused the stock to pop 12% and traded as high as 4.52. No changes, no position but stay tuned.

Garmin (GRMN 85.03) No changes, no position, and clearly the stock we should've bought when we highlighted wearables.

Sonos (SONO 14.91) up nicely since last watch list update. No position. 

Data I/O (DAIO 4.00) No position.

Pro-Dex Inc. (PDEX 15.61) up nicely since last watch list update. No position.

S&P 2,992
DOW 26,935
NAZ 8,117

No comments: