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Scott Wachsler
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I manage Wax Ink.net, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
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Wax Ink
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Wax Ink
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  • Performance - Week Ending 05/22/2015

    The Wax Ink Portfolio was down 0.1% for the week.

    By comparison, the Dow was down 0.2%, the Nasdaq was up 0.8%, the S&P 500 was up 0.2%, the Russell 2000 was up 0.7%, and the Volatility Index, commonly known as the VIX, was down 2.0%.

    Year to date, the Wax Ink portfolio is down 1.4%, the Dow is up 2.3%, the Nasdaq is up 7.5%, the S&P 500 is up 3.3%, the Russell 2000 is up 3.9%, and the VIX is lower by 11.6%.

    The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

    Weekly Winners
    This week's portfolio winners were rubber king The Goodyear Tire and Rubber Company (NYSE: GT), up 3%, specialty chemical maker WR Grace and Company (NYSE: GRA), up 2%, and maker of almost everything General Electric (NYSE: GE), up 2%.

    Weekly Losers
    This week's portfolio losers were small tool maker The LS Starrett Company (AMEX: SCX), down 6%, cigarette paper maker Schweitzer-Maudit International (NYSE: SWM), down 5%, and infrastructure supplier LB Foster Company (NASDAQ: FSTR), down 3%.

    Portfolio Duds
    The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 10% (down 2% for the week) since being added to the portfolio, and municipal construction company Layne Christensen (NASDAQ: LAYN), down 45% (up 2% for the week) since being added to the portfolio.

    Worksheets
    Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

    Worksheets updated last week may be downloaded by clicking on the links (company name) below.

    Rowan Companies PLC (NYSE: RDC) - FYE 12/2014

    Contango Oil and Gas Company, Inc. (NYSE: MCF) - FYE 12/2014

    Sigma-Aldrich Corporation (NASDAQ: SIAL) - FYE 12/2014

    Tesoro Corporation (NYSE: TSO) - FYE 12/2014

    Valero Energy Corporation (NYSE: VLO) - FYE 12/2014

    Western Refining, Inc. (NYSE: WNR) - FYE 12/2014

    Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

    Reasonable Value Estimates
    Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

    Reasonable value estimates were established or revised this week for Rowan Companies at ($1-$2), Contango Oil and Gas at $73-$76, Sigma-Aldrich at $63-$69, Tesoro Corporation at $88-$103, Valero Energy at $84-$90, and Western Refining at $74-$76.

    Have a great week.

    Wax

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2015 Wax Ink

    May 24 6:21 AM | Link | Comment!
  • Performance - Week Ending 05/15/2015

    Performance - Week Ending 05/15/2015
    The Wax Ink Portfolio was up 0.3% for the week.

    By comparison, the Dow was up 0.4%, the Nasdaq was up 0.9%, the S&P 500 was up 0.3%, the Russell 2000 was up 0.7%, and the Volatility Index, commonly known as the VIX, was down 3.7%.

    Year to date, the Wax Ink portfolio is down 1.3%, the Dow is up 2.5%, the Nasdaq is up 6.6%, the S&P 500 is up 3.1%, the Russell 2000 is up 3.3%, and the VIX is lower by 9.8%.

    The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

    Weekly Winners
    This week's portfolio winners were chicken grease recycler Darling Ingredients, Inc. (NYSE: DAR), up 11%, tire and rubber king The Goodyear Tire and Rubber Company (NYSE: GT), up 5%, and tire and cylinder maker Worthington Industries, Inc. (NYSE: WOR), up 2%.

    Weekly Losers
    This week's portfolio losers were offshore oil rig contractor McDermott International, Inc. (NYSE: MDR), down 13%, trucking company ArcBest Corporation (NASDAQ: ARCB), down 3%, and infrastructure supplier LB Foster Company (NASDAQ: FSTR), down 2%.

    Portfolio Duds
    The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 8% (up 3% for the week) since being added to the portfolio, and municipal construction company Layne Christensen (NASDAQ: LAYN), down 46% (down 3% for the week) since being added to the portfolio.

    Worksheets
    Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

    Worksheets updated last week may be downloaded by clicking on the links (company name) below.

    Rudolph Technologies, Inc. (NASDAQ: RTEC) - FYE 12/2014

    Swift Energy Company, Inc. (NYSE: SFY) - FYE 12/2014

    Imperial Oil Limited (NYSE: IMO) - FYE 12/2014

    Nabors Industries Ltd (NYSE: NBR) - FYE 12/2014

    Oasis Petroleum, Inc. (NYSE: OAS) - FYE 12/2014

    Ultra Petroleum Corporation (NYSE: UPL) - FYE 12/2014

    EP Energy Corporation (NYSE: EPE) - FYE 12/2014

    Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

    Reasonable Value Estimates
    Reasonable value estimates are initial valuations which Accredited Investors, after completing their own due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

    Reasonable value estimates were established or revised this week for Rudolph Technologies at $12-$17, Swift Eneergy at $23-$29, Imperial Oil at $46-$52, Nabors Industries at $38-$43, Oasis Petroleum at $15-$17, Ultra Petroleum at $39-$45, and EP Energy at $69-$79.

    Have a great week.

    Wax

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2015 Wax Ink

    May 16 8:01 AM | Link | Comment!
  • Performance - Week Ending 05/08/2015

    The Wax Ink Portfolio was up 0.5% for the week.

    By comparison, the Dow was up 0.9%, the Nasdaq was unchanged, the S&P 500 was up 0.4%, the Russell 2000 was up 0.6%, and the Volatility Index, commonly known as the VIX, was up 1.3%.

    Year to date, the Wax Ink portfolio is down 1.6%, the Dow is up 2.1%, the Nasdaq is up 5.6%, the S&P 500 is up 2.8%, the Russell 2000 is up 2.5%, and the VIX is lower by 6.3%.

    The portfolio breakdown remains roughly 53% cash, 47% equities, and 0% bonds. There was no change to the total number of shares held.

    Weekly Winners
    This week's portfolio winners were refiner HollyFrontier Corporation (NYSE: HFC), up 6%, agricultural chemicals company Agrium, Inc. (NYSE: AGU), up 4%, and tire and rubber king Goodyear Tire and Rubber Company (NYSE: GT), up 4%.

    Weekly Losers
    This week's portfolio losers were cigarette paper maker Schweitzer-Maudit International (NYSE: SWM), down 4%, cylinder maker Worthington Industries (NYSE: WOR), down 2%, and small tool maker LS Starrett (NYSE: SCX), down 1%.

    Portfolio Duds
    The portfolio's worst performing stocks remain building materials company Griffon Corporation (NYSE: GFF), down 11% (2% for the week) since being added to the portfolio, and municipal construction company Layne Christensen (NASDAQ: LAYN), down 45% (up 28% for the week) since being added to the portfolio.

    Worksheets
    Archived worksheets may be downloaded by going to the Worksheets page at the site and selecting an industry which will move you to all of the worksheets I have updated for the selected industry.

    Worksheets updated last week may be downloaded by clicking on the links (company name) below.

    American Railcar Industries, Inc. (NASDAQ: ARII) - FYE 12/2014

    Maxwell Technologies, Inc. (NASDAQ: MXWL) - FYE 12/2014

    Rofin-Sinar Technologies, Inc. (NASDAQ: RSTI) - FYE 09/2014

    Please note that worksheets are updated basis the most current SEC 10-K ANNUAL filing.

    Reasonable Value Estimates
    Reasonable value estimates are initial valuations which Accredited Investors, after completing their own

    due diligence, can either increase or decrease in accordance with their individual risk tolerance and investing philosophy.

    Reasonable value estimates were established or revised this week for American Railcar at $24-$27, Maxwell Technologies at $5-$7, and Rofin-Sinar at $32-$41.

    Have a great week.

    Wax

    Wax Ink is a baseline equity research company not licensed or registered with any government agency
    Copyright © 2015 Wax Ink

    May 09 8:12 AM | Link | Comment!
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