CHANGES

As many readers will have seen, Oracle shares gapped up a bit on news that it has been selected by our government and by ByteDance to negotiate a partnership with TikTok. The nature of the partnership is quite undefined. The value add that Oracle might bring to such a partnership, other than its name is…

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We bought 300 additional shares of JAMF in the aftermarket for our high-growth portfolio at the closing price of $37.20, a total consideration of 14,880. Our high-growth portfolio now has 600 shares, worth about $22,300, a weighting of 3.5%. We bought the shares after hours because we believe that the quarter was actually a significant…

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As many readers are aware, we commented about TDOC which announced its merger/acquisition with Livongo on August 5th. We reviewed the economics of the transaction, at least at a high level, and found it was a transaction that ought to work, given the synergies available, both in terms of costs, and revenue. We also commented…

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As we foreshadowed in the portfolio commentary just distributed, we have bought 200 shares of Datadog at $73.99 for a total cost of $14,798. The case for buying more shares was articulated in our most recent weekly portfolio commentary. The new purchase takes our holding in DDOG to 570 shares, which is now about a…

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We have made the above changes in the portfolio at or just shortly after the market opening this morning, July 31, 2020, and they will appear in the model high-growth portfolio that we present this week. We sold the balance of the Fastly position after the shares spiked about 20% this past week. There was…

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We have sold the remaining 40 share position we had in Trade Desk at $426.50. The sale realized proceeds of $17,060. That brings our cash balance to $84,689. That is 15.6% of the value of the portfolio as of last Friday, July 17 and is part of our strategy to reduce our invested percentage.  The…

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We are making the following changes in the high growth portfolio, effective today, July 23, 2020. We are selling an additional 125 shares of our Alteryx position at $171 which has yielded proceeds of $21,375 and we have sold 110 shares of our Atlassian position at $194.50 which has yielded proceeds of $21,395. The two…

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We are selling 185 shares of Alteryx at the current price of $175. This will raise $32,375. We are selling this part of the position to bring out weekly sales to around $55,000 for the week. This will conclude the sales for the week unless one of the other components of the portfolio spikes and…

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Square shares are on a spike today and have reached beyond $126. We are selling our position of 215 shares at $126 at this point. This is congruent with the strategy that has been outlined in the last weekly portfolio commentary. There is nothing wrong with Square whatsoever. We have no reason to believe it…

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Oklahoma was an American musical, the first collaboration between Rodgers and Hammerstein that was initially performed in 1943. There is a song in the show called, “Everything’s up to date in Kansas City.” The context really doesn’t matter too much, but one of the lines in the song goes, “they’ve gone about as fer as…

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