Eight months since inception, The Cheap Stocks 26 Net/Net Index is up 26.8%, beating the Russell Microcap Index by more than 9%. It's way too early for a victory lap however; our little index of misfits can be volatile, and in our view, this needs to play out over a much longer timeframe.
At this point, there are eight names in negative territory since index inception; these include Imation (IMN, -20%), Volt (VISI, -5.9%), Axcelis Technologies (ACLS, -17.9%), Opnext (OPXT, -40.3%)mAdvanced Battery Tech (ABAT, -66.2%), Myrexis (MYRX, -3.9%), Gencor (ENC, -4.6%) and Planar Systems (PLNR, -13.2%).
*The author has no position in the companies mentioned. This is neither a
recommendation to buy or sell any securities. All information provided believed
to be reliable and presented for information purposes only.