On March 10, 2006, I posted Universal SecurityInstruments (UUU) On Stock Picks Bob's Advice when the stock was trading at $21.65. UUU had a 4:3 stock split on April 4, 2006, and then another 4:3 stock split on October 17, 2006. Thus, our effective pick price was actually $21.65 x 3/4 x 3/4 = $12.18. UUU closed at $22.97 on August 24, 2007, for a gain of $10.79 or 88.6% since posting.
On August 14, 2007, UUU announced 
. For the quarter ended June 30, 2007, sales increased strongly to $13.0 million from $8.0 million last year. However, earnings dropped to $791,002 or $.31/diluted share, from $1.6 million or $.62/diluted share last year.
If we look at the "point & figure" chart on UUU from StockCharts.com , we can see that although there has been some short-term weakness on UUU, the uptrend appears to be essentially intact.
With the phenomenal performance of this stock I am reluctant to put this at a 'sale' with only the earnings down with revenues strongly higher. Thus,
UNIVERSAL SECURITY INSTRUMENTS (UUU) IS RATED A HOLD
Finally, On March 9, 2006, I picked Claire's Stores (CLE) for Stock Picks Bob's Advice when the stock was trading at $33.03.
Claire's was also the subject of an acquisition and was acquired by Apollo Management for $33/share. This was completed by May 29, 2007.
Thus, I had a loss of $(.03)/share on this pick or (.1)% since posting.
So how did I do this week in March, 2006. In a word, fantastic! I had two companies acquired, one with a large gain and the other break-even, and the other stock showed a large gain as well. The average gain for the three stocks worked out to 53%!
$22.99 (08/27/07)
