Good morning,

As you know I’m long 3,000 SIEN at $6.68 and expect it to be a good week as they start selling to the U.S. again March 1, maybe some press too.

Additionally FNMA is now up 10% for us and I maintain there’s an outside chance they’ll get their freedom again and be a real public company – of course, at this point the government has starved off FNMA so badly from funding they’re about to need another bailout. I’m long a small position here looking for the big score over a long time frame.

Finally LGF which has rumors Amazon is interested which actually makes sense to me. With 1,000 shares long, I’m looking to add size to the position around these prices and will alert when I do.

Here’s my portfolio should you ever need to check back on the positions.

I’m also excited to announce this is the first week we’ll introduce co-manager Allan Marshall’s watch list.

He’ll have his own portfolio on the website soon, alongside of mine. Here’s his watch.

GENC

100M cash, 123M market cap, 50M revenue.

Make and supply industries for infrastructure in USA i.e., roads, equipment, asphalt etc. Basically paying 23M market cap for 50M revenue and 3.5M EBITDA.

MS, BAC

Both below book value and offer 20-30% upside over short and long term.

ARWR

Small Biotech, would be a great speculative play for trade or long term high risk high reward stock.

PFE

For the conservative investor with 20% upside 7% downside.

The combination of AGN and the move offshore should lead to significant growth and EPS bump. Also will lead to Dividend bump and this company will not be effected by all the daily ups and downs.

Stocks I am trading more actively for others on the list.

CELG, AGN, ETE, C, VIAB, TAP

I’m also working on some research in the lower priced stocks and should have some more interesting ideas next week.

Sincerely,

Jason Bond

Allan Marshall