Dec

6

Major changes to the portfolio

December 6, 2007 | 2 Comments

I made some major changes to the portfolio today, so I’m just going to go down the list.

Sold:

CGLD.OB–I sold my entire position over the last two days at an average price of 72 cents. I had been bullish on the stock up to now, but the company’s December 3rd filing with the SEC for a sale of 58 million shares (mostly from insiders and large holders) came as a big surprise. I can sit there and justify the […]

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Oct

18

Sold EGMI.OB at $0.82

October 18, 2007 | Leave a Comment

This morning I sold my holding of EGMI.OB at $0.82. I continue to like the company, but the position was up 17% from my buy price yesterday. With that kind of performance in a weak market, I want to free this cash up for other purchases. I may re-enter the position on a dip.

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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