TPS Update
TPS Position Update – April 16, 2013
April 16, 2013 . . . . First Marblehead (NYSE: FMD) – Hold FMD has been on a nice run lately. The credit services company is trading at $1.15… a 31% increase. That’s a solid 6-week gain for us. There’s not a whole lot of news out on FMD. The recent gains are mostly related […]
TPS Position Update – March 26, 2013
March 26, 2013 . . . . Gleacher & Company (NASDAQ: GLCH) – Sell We originally bought GLCH because it was a strong acquisition target. The company had put itself up for sale and seemed to be a good candidate for a buyout. When the company recently took itself off the market, we thought it […]
TPS Position Update – March 13, 2013
March 13, 2013 . . . . Rite Aid (NYSE: RAD) – Sell The country’s third largest drug chain, RAD, has been a solid performer for us. At the time of this writing, the stock’s up 46%. Let’s go ahead and cash out here and collect the nice gains. RAD’s been on a good run, […]
TPS Position Update – February 19, 2013
February 19, 2013 . . . . NetSol Technologies (NASDAQ: NTWK) – Sell Let’s cash in on some huge gains in NTWK! As of this writing, NTWK is trading at $9.90, a terrific 120% gain for us. It’s hard to argue with those results! The most recent boost to the stock came with last week’s […]
TPS Position Update – January 29, 2013
January 29, 2013 . . . . Magellan Petroleum (NASDAQ: MPET) – Hold MPET shares are on the move! Our position in MPET has taken a nice turn to the upside, with our gains at 26% as of this writing. That’s a nice start, but we feel there’s much more in store. Here’s the deal… […]
TPS Position Update – January 16, 2013
January 16, 2013 . . . . Unwired Planet (NASDAQ: UPIP) – Hold UPIP is the stock that’s been in our portfolio the longest. It’s had its up and downs over the months, but we’ve always felt there’s a lot of potential with the company – otherwise we wouldn’t have held it this long. Some […]
