Long Term View On Oil

Barron's this weekend had a thought-provoking article on the price of oil down the road (Here Comes $75 Oil).  The article made a lot of sense, talking about recent discoveries and shifts to alternatives such as Natural Gas.  It also discussed how it would hurt Russia, who gets 50% of Govt income from oil. And Russia's oil is in Siberia and is expensive to extract.

Now oil prices are a difficult thing to project, just a few years ago everyone was talking about "peak oil" and perhaps a cost of $200 a barrel. Whoops.  Thinking about my portfolio, I have one predominant Oil & Gas play, BBEP.  Their expertise has been scraping the bottom of the barrel (so to speak). They take sites that have already been used and get additional oil and gas from them.  I expect they can buy that land cheaply, but I am unsure if it costs them more to get the oil out than "normal". It seems likely it is more expensive.  That needs to be on my "think about it list".

I love my BBEP holding. It is my 6th largest position, pays a 9.7% dividend and my initial purchase from last July is up 41%.  I think that before the end of the year, I will need to decide whether to let it keep flowing, er dripping, er gushing....

I guess the corollary is whether I should be thinking harder about stocks that are benefited by cheap gas. Airlines are the auto (ahem) pilot answer.  I have hemmed and hawed about airlines for many months (I thought a bit about Hawaiian Air (HA) at the start of the year, and now it is up 37%)!

Countdown On New MFI Tranche

My May 6th 2013 MFI tranche has about 25 trading days left.

5/6/2013	Start	Current	Dividend	Pct Gain	R3K Gain
KLIC	$11.40	$12.31	$0.00	8.0%	17.9%
CYOU	$29.24	$28.98	$0.00	-0.9%	17.9%
RDA	$9.74	$18.19	$0.10	87.9%	17.9%
NVDA	$13.85	$17.90	$0.32	31.6%	17.9%
CF	$183.97	$257.79	$2.80	41.6%	17.9%
Totals				33.6%	17.9%

As you can see, it has been a pretty darned successful tranche as we head down the stretch.  Now I need to start thinking (hard) about how to replicate that.

Stocks I Am Considering

I saw an interesting quote in Barron's yesterday.  The writer felt that the market was valued more richly than average.  However, if you dug down, the more expensive stocks (think TSLA or NFLX) were far more expensive than expensive stocks are on average.  While cheap stocks were on par with where they are on average.  I am not sure I agree with that 100%, but directionally I do think there is a great deal more risk in the expensive stocks.  So there is a way to outperform the broader market during the next 12 months as I suspect there will be some stocks falling from grace.

Interestingly, I think a great way to play that element of expensive stocks being way,way overpriced would be to go long cheap stocks and be short expensive stocks.  I have never tried such a strategy, but that is the exact strategy of GARIX, should anyone have a spare $250,000 sitting around.

So let us think about a list of 20 best ideas (this can be my official list going forward).  I think my preference will be to go with larger companies.  I will also undoubtedly recycle some past stocks.  Here are 20 stocks, in no particular order:

1. NTES - this is another Chinese gaming company, like CYOU and GA. Using my new Gurufocus database, they have a market cap of $8.8b (so pretty large). They do have $3.5b in cash, so that is a lot per share. They only trade at 10x next year's earnings and they are growing about 10% a year.
2. CALL - this is the MagicJack stock.  They are a company in transition - they have historically been about cutting the phone cord and turning your computer into a phone.  But now they are into the App world and have a Magic Jack app that allows you to make calls (like Skype) in a wifi area for free. It is a bit of a gamble. While they have a lot of cash (3.12 per share for a $20 company), they seem to have a lot of liabilities, with big one being "deferred liability". So they actually have a negative TBV (though it will likely be positive in a year). They are very cheap, with a 14% earnings yield. The two analysts that cover them are projecting 10% growth over next two years. But they have a very high short interest, so this is a battleground stock.
3. CSCO - yes, I know I sold them in February in a fit of disgust after owning for many years.  They are the cheapest mega cap company out there and they have a 3.1% earnings yield.  The issue of course is growth. For the year ending 7/14, they are expected to be down 4.5% in revenues.  Somehow, miraculously they are expected to then grow 3 to 4% the next year.  Here is a recent release from them that really bothered me (Cisco Bets a Billion on the Cloud).  Really? Talk about late to the party. So I do question Chambers' long term vision... it seems a bit (excuse me) "cloudy".
4. AVG - I bought this virus protection stock in November. They are not super cheap, but they seem to have decent products and prospects.  They also have a pretty large short interest.  They will likely be near the bottom of my list, but I do not want to forget them.
5. NSR - this is a quirky company that has fallen from grace in 2014. They started the year around $50 and are now about $33.  Perhaps the sell-off has been too sharp?
6. AAPL - if I believe in GTAT, should I believe in AAPL? I do not need to say much here as everyone know the story.  It will be really tempting to start a new position.
7. GME - they dropped last week to $36 on news Wal Mart is entering their space. I was so tempted to buy as the obituary has been written so many times and so many times wrongly for GME.
8. BKE - I am always saying i want some retail exposure. BKE is not super sexy, but does seem very well-managed.  
9. PETS - smaller market cap than I am really targeting in May.  But again this is a company everyone loves to hate (bit like CALL). Frankly, I think they have a business model that makes sense, but they do not seem to execute really well.  I mean mail order meds for pets, should be successful as you get so many repeat orders.  I wonder if they have poor customer service or something, I will need to research that end.
10. BWC - this is a spinoff from a year or two ago.  They are very focused on Nuclear power, so I suspect a decision to invest in them is based on your opinion on the direction of Nulcear power. Recently it has not been a growth industry.
11. NUS - One of my great stocks of all time (recall I bought in Feb 2013 tranche at $42 and sold later at $116. A week or so ago they were at $70 and now at $82.  I am thinking they may have China behind them (small fine), so perhaps they have reasonable chance of going above $100 again?
12. COH - this is a beaten down high end retailer.  KORS has eaten into their base some.  But it seems a lot of that is priced in. They pay a 2.7% dividend (dividend stocks anybody)?  If they can generate any growth at all, this could easily be a $60 stock again.
13. MSFT - I still kick myself all the time for selling from my dividend portfolio a year+ ago for about $28.  I was shaken out by a MF article that talked about how MSFT would just be a utility going forward. But with new leadership and a great product set, MSFT will get serious consideration for my $.
14. HPQ - another large cap stock, they seem to be in turnaround mode. Perhaps I am late to the party here, but will at least take a look-see.
15. CA is another successful stocks from February 2013 (I was up 32%). Still pays a nice dividend and while not as cheap as it once was, still looks relatively reasonable.
16. Quick 5 other ideas: PFMT, CTCM, AGX, DNB and SYMC.

Top 200 List - March 28th 2014 > 100m Market Cap

Top 200 List

I am going to try and start creating a top 200 list when I do a monthly tracking portfolio so I can keep them in sync and pull data from the detailed listing.  I am also expanding the data I bring in... it will take time to build a database, but ten years from now I might be able to tell you something new!

As my readers know, I like to replicate the official MFI site (Magic Formula Investing) every now and then.  I add a few extra elements such as (1) country, (2) yahoo yield, (3) my calculated stats, (4) ranking and (5) 200 stocks.

If anyone could think of any other stats that might be interesting, then let me know.  I have now started using price to tangible book.  The data is from GuruFocus.  I have brought in a ton of other data from Gurufocus as well.

I think my approach is pretty darned accurate.  I use Compustat as well and formulas that were devised by a team on the Yahoo Groups board and detailed in my blog (MFI Diary: The Calculation).  I also cross reference my list with the official top 50 and they are almost always within my top 100 (I have more on my list as I do not exclude some stocks the official site excludes, such as some stocks in other countries).

Be aware that this is all formula driven, I have tried using Gurufocus for dividend yields - we can see how they look..  The main financials (from Compustat) have seemed very reliable to me.

Ticker	Rank	Stock Price	Market Cap	Earnings Yield	ROIC	Dividend Yield	P/B	Country
PDLI	1	7.99	1,262	26%	993973%	7.5%	-	USA
TTWO	2	21.48	2,402	26%	1283%	0.0%	3.2	USA
AGX	3	29.22	420	19%	1367%	0.0%	3.3	USA
CALL	4	20.29	367	14%	2432%	0.0%	-	Israel
GAME	5	6.50	1,745	15%	868%	0.0%	-	China
QCOR	6	62.12	3,869	12%	1424%	1.8%	27.5	USA
TNH	7	153.00	2,831	18%	230%	8.4%	9.2	USA
WTW	8	20.65	1,169	13%	536%	2.5%	-	USA
MYGN	9	32.87	2,525	13%	447%	0.0%	4.0	USA
NTES	10	68.13	8,891	12%	499%	2.1%	-	China
PFMT	11	9.21	457	14%	278%	0.0%	-	USA
SPRT	12	2.49	136	18%	184%	0.0%	1.7	USA
USMO	13	17.80	391	15%	220%	2.8%	3.7	USA
HLF	14	55.65	5,968	13%	251%	2.2%	41.5	Cayman Islands
CSCO	15	22.33	118,952	12%	350%	3.1%	4.1	USA
EBIX	16	16.67	642	11%	865%	0.9%	-	USA
USNA	17	74.02	1,067	13%	205%	0.0%	5.1	USA
CTCM	18	8.87	1,381	20%	131%	7.4%	3.6	Russia
RGR	19	59.89	1,208	15%	151%	3.8%	6.5	USA
CYOU	20	28.98	1,536	26%	117%	0.0%	-	China
APOL	21	32.85	3,744	18%	119%	0.0%	3.8	USA
IQNT	22	13.96	454	14%	147%	1.9%	3.9	USA
AVG	23	20.79	1,125	10%	776%	0.0%	-	Netherlands
DLX	24	50.81	2,591	11%	331%	2.0%	-	USA
UIS	25	28.73	1,474	15%	119%	0.0%	-	USA
ESI	26	27.36	641	28%	100%	0.0%	3.2	USA
NSR	27	33.23	2,126	12%	168%	0.0%	-	USA
AAPL	28	536.86	483,954	10%	318%	2.3%	3.9	USA
GME	29	40.62	4,748	13%	123%	2.8%	7.5	USA
BKE	30	45.60	2,190	13%	123%	1.8%	5.9	USA
RPXC	31	16.16	877	10%	1376%	0.0%	4.5	USA
BAH	32	21.77	3,240	11%	194%	1.8%	-	USA
BCOR	33	19.11	794	10%	467%	0.0%	-	USA
PETS	34	13.10	263	13%	115%	5.0%	3.9	USA
STRA	35	45.83	484	17%	93%	1.8%	15.4	USA
BWC	36	32.53	3,630	16%	92%	1.1%	4.5	USA
NUS	37	83.06	5,140	11%	140%	1.5%	7.5	USA
COH	38	49.67	13,984	11%	143%	2.7%	6.8	USA
MSFT	39	40.30	338,319	10%	248%	2.5%	5.0	USA
CA	40	30.84	13,816	10%	472%	3.2%	-	USA
PRIS	41	2.28	576	11%	129%	0.0%	-	Spain
KRFT	42	55.70	33,420	12%	119%	3.7%	-	USA
SWHC	43	14.33	817	18%	82%	0.0%	5.8	USA
PENN	44	11.95	931	22%	79%	0.0%	-	USA
LO	45	53.35	19,590	9%	651%	4.3%	-	USA
DNB	46	99.37	3,816	9%	1233%	1.7%	-	USA
LQDT	47	26.09	852	9%	604%	0.0%	9.2	USA
GA	48	11.58	2,875	9%	390%	5.5%	5.4	China
RAI	49	53.02	28,721	10%	295%	4.8%	-	USA
NATR	50	13.92	230	17%	74%	2.9%	2.2	USA
XLS	51	18.32	3,571	15%	77%	2.3%	-	USA
STV	52	2.91	173	25%	71%	0.0%	1.8	China
MO	53	37.12	73,943	9%	399%	5.1%	-	USA
SAIC	54	36.58	1,756	12%	84%	#N/A	#N/A	USA
EGL	55	44.39	792	12%	86%	0.0%	-	USA
NDZ	56	10.41	646	14%	75%	1.1%	1.4	Canada
SUSP	57	35.08	770	15%	74%	5.3%	22.6	USA
NOC	58	121.81	27,432	11%	111%	2.0%	-	USA
CHE	59	88.81	1,590	9%	176%	0.9%	-	USA
CRUS	60	19.52	1,276	17%	68%	0.0%	2.1	USA
NTE	61	5.88	267	491%	60%	5.8%	0.8	China
DHX	62	7.18	387	9%	243%	0.0%	-	USA
LIWA	63	5.00	150	552%	58%	0.0%	0.4	China
APEI	64	34.92	622	12%	74%	0.0%	3.7	USA
ETM	65	9.74	373	10%	95%	0.0%	-	USA
TARO	66	109.86	4,911	10%	128%	0.0%	5.2	Israel
CHKE	67	13.65	115	9%	216%	2.9%	-	USA
SYMC	68	19.79	13,893	9%	127%	3.0%	-	USA
CLCT	69	18.94	156	9%	473%	6.9%	10.3	USA
ORCL	70	39.57	181,033	9%	481%	0.9%	20.1	USA
HPQ	71	32.04	61,997	12%	74%	1.8%	-	USA
ATVI	72	20.45	15,481	8%	994%	1.0%	-	USA
MANT	73	29.09	1,081	14%	66%	2.9%	4.7	USA
GDOT	74	19.46	745	11%	90%	0.0%	2.0	USA
RTN	75	98.65	31,529	9%	153%	2.2%	-	USA
CPLA	76	60.42	767	9%	150%	1.2%	4.6	USA
GD	77	107.70	38,190	10%	98%	2.1%	29.0	USA
CTG	78	16.51	276	11%	82%	1.3%	4.0	USA
SNDK	79	80.61	18,767	9%	134%	0.8%	2.8	USA
BR	80	36.32	4,507	9%	208%	2.2%	-	USA
BPI	81	14.50	770	11%	73%	0.0%	2.5	USA
EXPR	82	15.99	1,353	17%	57%	0.0%	6.0	USA
DGX	83	57.80	8,439	10%	103%	2.1%	-	USA
MED	84	28.26	385	10%	83%	0.0%	3.8	USA
WSTC	85	23.62	2,010	10%	103%	#N/A	#N/A	USA
IGT	86	13.72	3,503	11%	72%	3.0%	-	USA
K	87	62.13	22,615	11%	77%	2.9%	-	USA
PBI	88	25.47	5,188	9%	147%	2.9%	-	USA
GPS	89	40.17	18,237	12%	65%	1.7%	7.0	USA
CNVR	90	27.61	1,885	9%	187%	0.0%	27.3	USA
PRSC	91	27.88	394	9%	120%	0.0%	-	USA
SHOO	92	35.37	2,340	9%	102%	0.0%	5.3	USA
PBH	93	26.55	1,392	8%	261%	1.2%	-	USA
CF	94	257.79	14,720	14%	55%	1.1%	5.0	USA
PM	95	81.02	129,470	9%	147%	4.5%	-	USA
NCI	96	18.26	924	10%	83%	0.0%	-	USA
GSOL	97	8.42	305	12%	58%	0.0%	1.7	Bermuda
LXK	98	45.14	2,875	16%	53%	2.7%	4.3	USA
INTX	99	5.90	107	16%	52%	13.6%	2.1	USA
CRWN	100	3.62	1,302	9%	119%	0.0%	15.1	USA
STRZA	101	32.07	3,735	9%	118%	0.0%	-	USA
FRAN	102	18.23	778	10%	83%	0.0%	10.8	USA
REGI	103	11.52	420	61%	48%	0.0%	0.8	USA
HRS	104	71.88	7,713	10%	74%	2.3%	-	USA
VIAB	105	84.69	38,449	8%	220%	1.4%	-	USA
FCN	106	32.76	1,281	11%	64%	0.0%	-	USA
BBBY	107	68.43	14,529	12%	55%	0.0%	4.0	USA
FLR	108	76.41	12,562	9%	89%	0.9%	3.4	USA
NEWT	109	2.83	108	10%	74%	0.0%	1.7	USA
VGR	110	21.10	2,150	8%	255%	7.5%	-	USA
SYNT	111	87.91	3,688	8%	144%	0.1%	5.1	USA
LFVN	112	1.32	148	8%	201%	0.0%	-	USA
SYNA	113	58.20	2,099	9%	116%	0.0%	4.0	USA
TWX	114	64.65	59,756	9%	103%	1.8%	-	USA
PRGS	115	21.09	1,100	8%	127%	0.0%	3.9	USA
LH	116	98.04	8,657	9%	89%	0.0%	-	USA
SCSS	117	17.77	983	10%	70%	0.0%	4.7	USA
FL	118	46.13	6,846	11%	57%	1.7%	3.1	USA
MDP	119	45.52	2,077	9%	113%	3.6%	-	USA
CSGS	120	25.69	869	9%	78%	2.3%	25.7	USA
BBGI	121	8.95	205	9%	85%	1.0%	-	USA
LEE	122	4.47	238	10%	62%	0.0%	-	USA
NSP	123	29.83	741	10%	69%	2.3%	3.3	USA
ACN	124	78.81	54,632	8%	494%	2.2%	17.4	Ireland
WINA	125	74.63	395	8%	293%	0.3%	10.1	USA
TZOO	126	22.85	344	8%	294%	0.0%	11.4	USA
OUTR	127	71.82	1,982	11%	54%	0.0%	-	USA
SGU	128	5.89	339	15%	44%	5.6%	49.1	USA
TRW	129	79.71	9,701	12%	47%	0.0%	4.3	USA
BOLT	130	19.75	171	10%	57%	1.7%	3.7	USA
XOXO	131	10.04	248	9%	90%	0.0%	2.4	USA
ONE	132	6.55	317	9%	75%	0.0%	-	USA
WDC	133	89.41	21,727	10%	57%	1.2%	3.9	USA
CODI	134	18.76	906	11%	51%	7.7%	-	USA
OMC	135	72.31	18,844	8%	237%	2.2%	-	USA
PIR	136	18.86	1,975	11%	49%	1.1%	3.9	USA
ITRN	137	25.11	527	9%	93%	2.9%	7.2	Israel
STX	138	54.92	19,002	9%	71%	3.0%	10.7	Ireland
FF	139	19.75	857	11%	47%	2.3%	2.6	USA
EXLS	140	30.08	1,016	8%	120%	0.0%	4.3	USA
VMI	141	146.25	3,935	13%	43%	0.7%	3.9	USA
SLI	142	24.81	104	16%	41%	0.0%	2.6	USA
MHFI	143	75.01	20,853	7%	617%	1.5%	-	USA
IILG	144	25.97	1,509	8%	224%	1.7%	-	USA
DPS	145	53.95	10,871	8%	93%	2.9%	-	USA
OSK	146	58.07	5,036	10%	56%	0.5%	17.0	USA
KFY	147	28.68	1,411	8%	154%	0.0%	3.4	USA
MD	148	61.45	6,211	7%	371%	0.0%	-	USA
JCOM	149	49.17	2,281	7%	522%	2.0%	89.4	USA
BRCD	150	10.15	4,604	9%	80%	0.0%	6.5	USA
MSI	151	64.30	16,795	8%	91%	1.9%	7.7	USA
LEA	152	82.69	6,855	12%	44%	0.9%	3.1	USA
CACI	153	73.91	1,870	9%	73%	0.0%	-	USA
LLY	154	57.61	62,160	9%	69%	3.4%	4.8	USA
WHR	155	146.75	11,725	11%	47%	1.7%	7.5	USA
CSC	156	60.29	9,005	11%	45%	1.3%	9.4	USA
DFZ	157	18.33	212	11%	49%	2.0%	3.5	USA
LNN	158	84.41	1,092	10%	52%	0.8%	3.4	USA
DOX	159	45.78	7,409	8%	122%	1.2%	5.4	Channel Islands
LB	160	56.55	16,796	9%	76%	2.2%	-	USA
ROST	161	72.10	15,370	9%	69%	1.0%	8.1	USA
HSNI	162	59.03	3,192	9%	73%	1.5%	12.2	USA
LMT	163	160.54	52,384	8%	97%	3.1%	-	USA
ERIC	164	13.09	42,686	10%	54%	2.3%	3.0	Sweden
HHS	165	8.46	531	9%	69%	4.0%	-	USA
PETM	166	68.49	7,054	10%	55%	1.1%	6.1	USA
TUP	167	82.25	4,236	8%	88%	3.1%	-	USA
LHCG	168	21.94	378	11%	47%	0.0%	10.5	USA
CO	169	3.99	291	22%	36%	0.0%	1.4	Hong Kong
MCO	170	77.57	16,988	7%	442%	#N/A	#N/A	USA
NCR	171	35.70	6,098	9%	60%	0.0%	-	USA
JOY	172	57.96	5,951	12%	42%	1.2%	6.4	USA
GNC	173	44.13	4,213	9%	67%	1.4%	-	USA
MAN	174	76.82	6,207	10%	50%	1.2%	4.0	USA
PERI	175	10.91	136	7%	732%	0.0%	-	Israel
CHRW	176	50.89	7,691	8%	88%	2.8%	-	USA
RIOM	177	2.04	363	26%	35%	0.0%	1.4	Canada
MDT	178	60.41	61,014	8%	78%	1.8%	9.5	USA
TDC	179	48.10	7,908	7%	197%	0.0%	13.9	USA
CBD	180	43.74	7,207	17%	36%	1.1%	6.2	Brazil
PLT	181	43.12	1,864	9%	55%	0.9%	2.8	USA
RLGT	182	3.02	110	8%	116%	0.0%	-	USA
GTIV	183	9.05	317	8%	108%	0.0%	-	USA
DSW	184	35.44	3,267	9%	54%	1.1%	3.0	USA
GEOS	185	66.04	859	13%	38%	#N/A	#N/A	USA
MBT	186	17.14	17,046	14%	37%	1.6%	10.4	Russia
IGTE	187	30.35	1,836	9%	66%	0.0%	-	USA
TJX	188	60.10	43,241	8%	91%	1.0%	11.3	USA
IBM	189	190.45	205,686	8%	76%	2.0%	-	USA
DOV	190	80.99	13,952	9%	62%	1.8%	-	USA
UFPT	191	24.70	176	12%	38%	0.0%	2.2	USA
SAFM	192	76.66	1,719	15%	35%	1.0%	2.5	USA
BTI	193	110.79	104,143	8%	121%	4.3%	-	United Kingdom
SAP	194	80.45	96,218	7%	280%	1.0%	-	Germany
ZUMZ	195	24.19	729	12%	39%	0.0%	2.8	USA
SPLS	196	11.37	7,416	15%	35%	4.2%	3.0	USA
AVP	197	14.36	6,226	10%	46%	1.7%	7.9	USA
FUL	198	47.50	2,435	7%	382%	0.8%	5.3	USA
ABBV	199	50.98	81,976	7%	166%	3.1%	-	USA
HON	200	90.89	72,439	8%	76%	1.9%	37.4	USA

The price to tangiblebook (in my opinion) is interesting.  Note that some pretty highly rated stocks such as PDLI and CALL actually have a "-", meaning they have a book value below 0.    Always double check these figures before you make decisions.

Here is the Cross Reference List.  After a couple of runs where I had a few mis-matches, this one looks actually better than the official list!  In my view, CTSH should not be on the list. their stock recently split and I believe the official list cut their market cap in half (whoops - though people can double check, I see two sources at 15b and two at 30b).I think #72 (ATVI) is the highest, and a "50" would be perfect.  KING is a weird one.  PTIE for some reason has a zero in denominator, I will look into that.

Ticker	Mkt Cap	Date	My Ranking	Price	EY	ROIC
ATVI	14,316.96	27-Mar	72	20.45	8%	994%
MO	73,699.12	27-Mar	53	37.12	9%	399%
APOL	3,690.50	27-Mar	21	32.85	18%	119%
AAPL	477,387.80	27-Mar	28	536.86	10%	318%
AGX	416.82	27-Mar	3	29.22	19%	1367%
BWC	3,584.69	27-Mar	36	32.53	16%	92%
BCOR	796.63	27-Mar	33	19.11	10%	467%
BAH	3,151.26	27-Mar	32	21.77	11%	194%
BKE	2,201.71	27-Mar	30	45.60	13%	123%
CA	13,667.39	27-Mar	40	30.84	10%	472%
CHE	1,558.03	27-Mar	59	88.81	9%	176%
CSCO	115,499.80	27-Mar	15	22.33	12%	350%
COH	13,786.01	27-Mar	38	49.67	11%	143%
CTSH	15,073.89	27-Mar	#N/A	#N/A	#N/A	#N/A
DLX	2,554.96	27-Mar	24	50.81	11%	331%
DHX	391.18	27-Mar	62	7.18	9%	243%
DNB	3,750.52	27-Mar	46	99.37	9%	1233%
EBIX	636.16	27-Mar	16	16.67	11%	865%
EGL	765.02	27-Mar	55	44.39	12%	86%
GME	4,589.57	27-Mar	29	40.62	13%	123%
HLF	5,623.18	27-Mar	14	55.65	13%	251%
IQNT	444.57	27-Mar	22	13.96	14%	147%
ESI	638.00	27-Mar	26	27.36	28%	100%
KING	5,534.64	27-Mar	#N/A	#N/A	#N/A	#N/A
KRFT	33,172.54	27-Mar	42	55.70	12%	119%
LQDT	836.88	27-Mar	47	26.09	9%	604%
LO	19,428.95	27-Mar	45	53.35	9%	651%
MSFT	333,494.00	27-Mar	39	40.30	10%	248%
MYGN	2,717.05	27-Mar	9	32.87	13%	447%
NATR	224.56	27-Mar	50	13.92	17%	74%
NSR	2,150.51	27-Mar	27	33.23	12%	168%
NDZ	644.38	27-Mar	56	10.41	14%	75%
NOC	26,507.91	27-Mar	58	121.81	11%	111%
NUS	4,829.23	27-Mar	37	83.06	11%	140%
PTIE	253.72	27-Mar	#N/A	#N/A	#N/A	#N/A
PDLI	1,353.89	27-Mar	1	7.99	26%	993973%
PENN	1,042.80	27-Mar	44	11.95	22%	79%
PFMT	439.43	27-Mar	11	9.21	14%	278%
PETS	262.47	27-Mar	34	13.10	13%	115%
QCOR	3,747.14	27-Mar	6	62.12	12%	1424%
RAI	28,479.14	27-Mar	49	53.02	10%	295%
RPXC	873.55	27-Mar	31	16.16	10%	1376%
SWHC	782.60	27-Mar	43	14.33	18%	82%
STRA	491.70	27-Mar	35	45.83	17%	93%
RGR	1,160.24	27-Mar	19	59.89	15%	151%
SPRT	142.12	27-Mar	12	2.49	18%	184%
TTWO	2,167.51	27-Mar	2	21.48	26%	1283%
UIS	1,268.67	27-Mar	25	28.73	15%	119%
USNA	1,025.34	27-Mar	17	74.02	13%	205%
WTW	1,161.81	27-Mar	8	20.65	13%	536%