Nov

30

Flipping China plays

November 30, 2007 | Leave a Comment

This afternoon I decided to flip China plays by taking partial profits in CPHI.OB and swapping the money into CEUA.OB. With China Pharma up about 30% in just a few weeks, it is only prudent to take some off the table, and so I decided to sell about 35% of my overall position at $3.65.

I then decided to rotate the money into CEUA, roughly doubling my stake at $4.71. The stock has yet to participate in […]

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Nov

19

Taking partial profits in CPHI, inching back into SDTH and buying KONG call options

November 19, 2007 | 1 Comment

This morning I decided to take partial profits in CPHI, selling 20% of my total position at $3.25. I also began to inch back into SDTH by buying a small position at $6.80, and I bought a small position in KONG December $5 call options at a premium of $0.60. Given the fact that I’m currently in flight training for most of the market day, I’m now relying on limit orders for my trades, and got a bit […]

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Nov

9

Laying into CPHI.OB

November 9, 2007 | Leave a Comment

Every once in a while, the market gives you a gift. The drastic market selloff this week has done just that with China Pharma, and this morning I decided to increase my stake in the stock five-fold at $2.75. Frankly, whoever sold this stock down here below $3 just got shaken out by the selloff in the market.

Fundamentally and technically, this stock is one of the best buys I’ve seen in a long time. Triple […]

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Oct

23

Paring my gold positions, taking half my profits in CPHI.OB

October 23, 2007 | 3 Comments

This morning I decided to pare my gold positions by about 50% by selling half my position in VGZ at $5.26, two-thirds of my position in AUY at $13.76, and my entire position in ABX at $41.21. I also decided to sell half my remaining position in CPHI at $3.70.

I’ve made no secret of the fact that I’m not incredibly bullish about the market here, as I believe we are going to be marking time at least through […]

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Oct

17

Sold 60% of CPHI position on market turbulence

October 17, 2007 | Leave a Comment

This morning I decided to take profits and sell 60% of my remaining position in CPHI.OB at $3.69. The stock has rallied some 30% in just four days, so I certainly can’t be upset with the trade. Frankly, my reason for selling here has nothing to do with the individual stock and everything to do with the fact that I’m a little skittish about the market and want to protect my profits here. While the stock has […]

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Oct

16

Diversifying my CPHI into CAGC and EGMI

October 16, 2007 | 1 Comment

This morning I decided to take a bit more profit in CPHI.OB at $3.40 in order to diversify my portfolio. Given the high weighting of CPHI.OB in the portfolio and its strength in today’s trade, I decided to take advantage of today’s dip to rotate about 20% of my position into CAGC.OB at $5 and EGMI.OB at $0.70. I continue to like all of these stocks going forward, and I’m happy to use the dip today to establish […]

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Oct

15

Taking partial profits in SDTH and CPHI.OB

October 15, 2007 | Leave a Comment

This afternoon I decided to sell 20% of each of my positions in SDTH and CPHI.OB. I sold my holdings of SDTH at $8.00 and CPHI.OB at $3.32. The move was not so much precipitated by anything fundamental, but rather, by the burden of operating on leverage and by the general weakness in the market at the start of the week. In particular, I chose to take partial profits in order to free up capital to offset […]

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Oct

14

China Pharma Holdings overlooked no more

October 14, 2007 | Leave a Comment

One of the reasons that I started this blog was to focus my time and energy toward providing information about companies traded on the often derided OTC Bulletin Board. Despite that focus, I somehow managed to overlook China Pharma Holdings until last week, when the stock really broke out on monster volume. However, the stock crossed my radar screen just in time, and I managed to accumulate a nice position in the stock with a basis around $2.80.

Shares […]

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