$BVX PART FOUR In a photo finish RENN Capital Group
$BVX PART FOUR In a photo finish RENN Capital Group President Russell Cleveland's 2016 pick of Bovie Medical Inc. (NYSE:BVX -$2.70) for the 6th straight time edged old reliable Tom Putnam's fresh pick of National Commerce Corp. (NASDAQ:NCOM-$37.50) by a smidgen, up 59.76% to Tom's 59.57%.
What was my knee jerk reaction about Russ's first place? "IT'S ABOUT TIME!"
When Russ chose Bovie for the first time in 2011 shares rose 3.9% but in 2012 went down 11.2%. In 2013 Russell's pick climbed 38.8% but fell 44% in 2014 and fell again 24% to a ten year low in 2015.
At last shares jumped up over 59% in 2016.
What I am trying to get back to is everyone starting with the objectivity of a clean slate! When players stick with their last year's picks their stock performance tends to look like a rollercoaster ride.
All of our pros are fine stock pickers. We lose and miss their share of doubles, triples and occasional homeruns of 100% or more when they stick with old picks instead of making new ones.
Stubbornly Russ is sticking with Bovie Medical for the 7th consecutive year for his 2017 new pick. "Bovie Medical continues to make good progress with J-Plasma, a patented plasma- based surgical product for cutting and coagulation. Recently, Bovie announced a 510K clearance from the FDA for its Cool-Coag Generator and hand piece.
According to Bovie, this gives a surgeon the ability to use hot or cold applications to stop bleeding. This has very large potential in the surgical field. Last year (2016) the stock rose from $1.75 to $5.70.
Unfortunately, the company did an offering and was "taken to the cleaners" creating an opportunity for investors.
I am surprised a major company has not made a tender offer for such a valuable company. Bovie is forecasting another year of double-digit growth.
A real bargain at $2.70 a share.
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Trophy Time for Zendure in Berlin The Berlin Chronicles of 2026 tell an interesting tale for Zendure—a tale where top honors and glowing recognition highlight its efforts in the sustainable energy arena. At the Global Product Technology Innovation Awards, Zendure's SolarFlow 4000 Mix Pro snagged the Gold for Sustainable Home Energy Storage System. Not only that, but...
Continue Reading
Beating Breakdown Blues: Preventative Maintenance Insights You ever look under the hood and wonder what's ticking away? Cars ain't just about turning keys and hitting gas—there's a beating heart under all that metal and rubber. That's what HelloNation's serving us here, with David Mantz and his kid, David Mantz Jr., lifting the lid on preventative maintenance. These...
Continue Reading
Overnight Sensation or Future Staple? I wonder if Dreame's top brass woke up sweating or smiling after their big reveal at IFA 2026. A buffet of over 100 products across 16 categories is no small feat, especially when you're banking on technologies developed over nine years. But let's cut through the noise—does this showcase promise innovation or just smoke and mirrors?...
Continue Reading
MERACH's Ambitious Leap into European Markets Walking is one of life's simple pleasures, but it's not always convenient in our work-from-home driven world. That's where MERACH's UltraWalk W60 Plus comes in, dropping anchor in Europe like a brand new ship with all the bells and whistles. What makes this walking pad different, you ask? It's designed to become a natural...
Continue Reading
Why Laughing Gas is a Game-Changer in Pediatric Dentistry You ever seen a kid freeze up like a deer in headlights at the dentist's office? I'm telling you, it's not just the sweet tooth nightmare but often the fear of that cold, intimidating chair. But let's talk about a game-changer: laughing gas or, known in the trade as nitrous oxide. Keeping Anxiety at Bay: The Role...
Continue Reading
An Ambitious Cross-Continental Media Play The airwaves are getting a new twist. This time, it's a blend of cultures, as China Hour makes an entrance in South Africa. That's right, folks—Jiangsu Broadcasting Corporation (JSBC) has set up camp alongside the South African Broadcasting Corporation (SABC), pushing a big media wave across the continent. If you've been...
Continue Reading
Media Heavyweights Converge in Shenzhen Picture this: Over 400 media moguls from the Asia-Pacific region, huddled together in Shenzhen under that blazing September sun. What for? They're on a mission, inspecting China's shifting landscape, hunting down fresh growth avenues in the Guangdong-Hong Kong-Macao Greater Bay Area. It kicks off within the walls of the Asia-Pacific...
Continue Reading
When the tech cosmos hands you two hefty IFA Innovation Awards, you know you’re onto something. viaim’s Rise wasn't just about slick marketing—it brought home the 'Best in Audio' and 'Best in Design' titles from IFA 2026, proving these earbuds are more than just another gadget. Key Innovations Behind the Accolades IFA is no small affair—it's a major tech trade...
Continue Reading
D-Wave Quantum Under Legal Microscope Alright, folks, let's dive headfirst into some dicey financial waters with D-Wave Quantum Inc. (NASDAQ: QBTS). This quantum computing company is finding itself in a bit of a pickle following some rough second-quarter results that left investors scratching their heads. If you bought into the hype and are feeling the sting in your...
Continue Reading
Shaking Hands with Cloud9 ATTACK SHARK is jumping headfirst into the esports game, teaming up with Cloud9's League of Legends team. Now, before you roll your eyes at another corporate matchmaking play, consider the magic at play here. League of Legends isn't just any game; it's a titan in the esports universe, and partnering with Cloud9 offers a serious boost. It's not...
Continue Reading
Top 5 Most Recently Viewed Articles
Equals 5 Wins Silver at PM360 Trailblazer Awards Recognition highlights Equals 5's advanced healthcare marketing solutions and leadership in HCP education. Equals 5, a leading All-in-One Healthcare Marketing Platform, has proudly received the Silver Award in the HCP Education category at the PM360 Trailblazer Awards. This significant recognition was awarded for their...
Continue Reading
Introducing HARMAN ConnectIQ: A Transformative AI Solution HARMAN, a cutting-edge subsidiary of Samsung Electronics, has just unveiled its innovative AI-powered solution, HARMAN ConnectIQ. This powerful tool aims to enhance productivity among retail frontline workers, a much-needed response to the critical challenges facing the retail industry today. Taking the center...
Continue Reading
NOVA Chemicals Appoints James JT Jones as Chief Supply Chain Officer NOVA Chemicals Corporation is thrilled to announce the appointment of James "JT" Jones as the new Chief Supply Chain & Procurement Officer. In this crucial role, JT will spearhead the company's global supply chain and procurement operations, driving excellence and supporting ongoing growth. JT Jones:...
Continue Reading
Salama Reports Strong H1 2025 Financial Results Salama, a leading provider of Takaful solutions, has recently shared its interim consolidated financial results for the six-month period concluding in 2025. The company has recorded a net profit of AED 8.25 million, signaling robust performance and operational stability. Financial Performance Overview The impressive...
Continue Reading
Unpacking the Surge of iPhone 17 Sales Apple Inc. (NASDAQ:AAPL) is experiencing an impressive surge in the demand for its iPhone 17 Series. This growth is attributed to the loyalty of existing customers migrating to premium models, along with the broader market appeal seen in various regions, including China. Market Dynamics and Consumer Insights The sustained desire for...
Continue Reading
