Jan

29

New position in CHL, adding to HRBN

January 29, 2008 | Leave a Comment

This morning I opened a new position in CHL, buying a small stake at $75.39. This is continuing the strategy of buying a few high quality growth names near the bottom of the selloff. I also decided to add to my stake in HRBN, using today’s weakness to increase the position by 40% at $21.35. I continue to be impressed by the strength of this stock throughout the selloff of the last few weeks, and I believe […]

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Jan

15

Today’s trades

January 15, 2008 | 1 Comment

I made a number of mostly small moves today, so I’m going to go down the line and quickly go over the changes to the portfolio.

GLD–I shorted a moderate amount of the GLD today at $90.00. I was looking for gold to open up again to play the fade that I talked about yesterday. It opened pretty much as I scripted it, and so I entered a short that at the moment appears to be very well executed. […]

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Dec

11

Taking profits and getting short

December 11, 2007 | 1 Comment

This afternoon I decided to put on my selling shoes and exit a number of my long positions. In addition, I got short in a hurry as we broke through the 1490 level on the S&P. In the past few days, I have continually noted that while the market was rising and things were looking decent, we had yet to see volume return to the market on the up days. That negative divergence was the key piece […]

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Nov

28

Jumping in on the long side

November 28, 2007 | 3 Comments

Today I decided to jump in on the long side in a number of names. I’m just going to cut to the chase and go down my list of buys.

AVAV at 23.42 because the company continues to get military orders and is ramping up its green energy segments

CEUA at 4.71 because upcoming investor conference might finally put this on the radar

CAGC at 2.88 because China needs non-chemical fertilizer and the stock is dirt cheap

CNEH at 2.20 because it is […]

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Aug

7

Moving further to the short side on the Fed’s no decision

August 7, 2007 | Leave a Comment

Today I decided to scale back my long positions quite heavily by cutting both HRBN and NTRZ from my portfolio. It is certainly a disapointment to watch my 30% profit in HRBN turn to a small loss in a matter of weeks, but nevertheless I must remain disciplined and take my medicine. Therefore, I’ve sold my position in HRBN at $12.55. In an effort to further raise capital, I also liquidated my holding in NTRZ at $2.80. […]

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May

26

Harbin Electric–fundamentals and technicals aligning

May 26, 2007 | 4 Comments

Recent comments from Alan Greenspan have scared many U.S. investors out of Chinese companies. However, despite the selloff, Harbin Electric has held up quite well. As one of my new holdings from last week, let’s take a closer look.

Business

Harbin manufactures custom linear motors for industrial applications. Their current products are used in industrial conveyor belts and assembly line systems, oil wells, postal sorting systems, etc. In addition, the company will be expanding into two […]

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May

15

Two new holdings: HRBN and GSCP.OB

May 15, 2007 | 2 Comments

This afternoon I purchased two stocks that I have been tracking for a few months now: Harbin Electric and Globescape. I am in beginning to write up reports on both companies, but in the meantime, I will provide some brief commentary regarding my purchases.

I purchased a large stake in HRBN at $13.20. Harbin is now my largest holding, and I believe it has the potential to be a big performer over the near to medium term. HRBN […]

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