SYNT-illating

SYNT Comes Through

I commented back on July 8th that I was adding SYNT as part of my MFI Formula tranche and that was making it my 3rd largest holding (a risk of MFI Formula is since I pick randomly, I can get same stock in multiple tranches).

Well,  they beat expectations yesterday (Syntel beats by $0.04, beats on revenue) and the stock popped over 10%.  So my formula approach is suddenly back in business:

Date	Differential	Value	R3K Value
10/1/2014	0.00%	100,000	100,000
11/1/2014	1.63%	102,288	100,658
12/1/2014	0.30%	101,375	101,075
1/1/2015	-0.33%	100,664	100,995
2/1/2015	1.67%	101,281	99,611
3/1/2015	3.62%	106,073	102,454
4/1/2015	5.09%	106,781	101,695
5/1/2015	5.78%	107,859	102,077
6/1/2015	5.08%	108,213	103,134
7/1/2015	4.82%	106,423	101,604
8/1/2015	3.71%	107,112	103,404
9/1/2015	4.38%	101,523	97,139
10/1/2015	6.39%	100,703	94,312
11/1/2015	2.93%	104,835	101,907
12/1/2015	-3.48%	99,443	102,926
1/1/2016	-3.36%	96,830	100,012
2/1/2016	-0.72%	93,797	94,367
3/1/2016	4.07%	98,588	94,367
4/1/2016	0.34%	102,371	101,548
5/1/2016	-1.91%	99,774	101,200
6/1/2016	-0.42%	103,145	103,568
7/1/2016	-0.19%	103,022	103,216
8/1/2016	2.56%	109,419	106,857
9/1/2016	-0.34%	106,704	107,048
10/1/2016	-0.85%	106,377	107,230
11/1/2016	0.42%	105,421	105,003
12/1/2016	1.62%	110,705	109,088
1/1/2017	1.57%	113,406	111,832
2/1/2017	1.32%	114,809	113,486
3/1/2017	-5.09%	112,930	118,024
4/1/2017	-1.86%	116,227	118,091
5/1/2017	1.11%	120,403	119,296
6/1/2017	-2.65%	117,824	120,472
7/1/2017	-2.40%	119,144	121,545
Current	-1.21%	122,905	124,114

And most recent tranche is off to good start.

7/1/2017	Start	Current	Dividend	Pct Gain	R3K Gain
CSCO	$30.98	$31.86	$0.00	2.8%	2.1%
GME	$20.95	$21.10	$0.00	0.7%	2.1%
HPQ	$17.60	$18.94	$0.00	7.6%	2.1%
RGR	$60.70	$58.95	$0.00	-2.9%	2.1%
SYNT	$16.21	$18.59	$0.00	14.7%	2.1%
Totals				4.6%	2.1%