CS21 Net/Net Index Week in Review: Into Positive Territory
The CS21 Net/Net Index closed it's strongest week yet, up 6.28% to 100.19. Since inception, the index is up .19%.
Our results since introducing this index bear out the incredible volatility experienced by net/nets. This week was the most extreme, with 20% of index members up at least 12%.
This Week's Winners:
Trans World Entertainment (TWMC): +17.95%
The Finish Line (FINL): +15.2%
Adaptec (ADPT): +14.1%
Tandy Brands (TBAC): +13%
Nu Horizon Electronics (NUHC) +12.6%
Losers:
FSI Intl (FSII): -17.4%
Audiovoxx (VOXX): -22.6%
Performance: Cheap Stocks 21 Net/Net Index vs Russell Microcap Index
Since inception (2/12/08):
CS21Net/Net: +.19%
Russell Micro: -4.42%
*The author does not have positions in any of the companies that comprise The Cheap Stocks 21 Net/Net Index. This is neither a recommendation to buy or sell any securities. All information provided believed to be reliable and presented for information purposes only. The author will not trade any of the securities mentioned (buy, sell, short) for at least two weeks following the date of this post.
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