Nov

9

Sold NTRZ, doubled my BTJ position

November 9, 2007 | Leave a Comment

This afternoon I decided to sell my remaining position in NTRZ at $1.22. I like the company, but still think that there are better opportunities out there right now and wanted to free up cash to increase my available leverage. I also doubled my position in BTJ at $37.40, essentially to follow my sentiment from an earlier post that oil services have bottomed and are looking to rally.

Nov

7

Trading around NTRZ and SDTH

November 7, 2007 | Leave a Comment

I wrote earlier today that if the Dow broke through 13337, it would confirm the technical break for the S&P that occurred in the morning and would signal further downside. We saw that happen in the last hour, and I can only take that to mean that we have some further weakness coming in the next few days.

Based on that, I decided to trade a bit around positions in NTRZ and SDTH. I sold about two-thirds […]

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Oct

25

Tripling up on NTRZ at $1.20

October 25, 2007 | 1 Comment

This morning I decided to triple up on my holding of NTRZ at $1.20. The stock has gyrated wildly in recent weeks, and in this case, I believe the selling is far overdone from a valuation perspective. The Company’s has almost a third of its market cap in cash, and revenue growth has been solid despite a bit of lumpiness over the last few quarters. Although SG&A expenses were high last quarter, they should have more or […]

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Oct

22

Adding to EGO, revisiting NTRZ

October 22, 2007 | Leave a Comment

I am inching my way further in on the long side this morning, doubling my stake in EGO at $6.37 and adding a moderate new position in NTRZ at $1.32. With regard to EGO, it was my smallest gold mining position, so there is plenty of scope to expand this holding as necessary. With respect to NTRZ, I continue to believe in the long term story here, and despite disappointing bottom line results last quarter, I believe the […]

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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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Jul

6

Stepping up to the plate with NTRZ and AYSI

July 6, 2007 | 1 Comment

In recent weeks, shares of both NTRZ and AYSI have been taking it on the chin. Both stocks reported less than stellar earnings for the first quarter, and the stock prices have suffered as a result. However, in the grand scheme of things, the current pricing on these stocks appears very attractive, and therefore I decided to step up and add to my positions in both yesterday.

In the case of Nutracea, it is obvious that the public is […]

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Jun

29

Taking profits on good drill results from TGA, switching into Nutracea

June 29, 2007 | 1 Comment

This afternoon I decided to sell my entire stake in TGA at $4.52. This represents a gain of just over 17% in a month, a very solid gain considering the choppy trading for the general markets.

The stock has had a solid run up in recent weeks on news of two successful new wells in Yemen, and strong oil prices have also continued to help push the entire sector higher. However, TGA is now engaged in some […]

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May

16

Thoughts on Nutracea’s shortfall

May 16, 2007 | 1 Comment

I’ve thought a bit harder about the Nutracea situation, and frankly, I am not particularly worried about the revenue shortfall in the first quarter. Certainly the revenue numbers were well below expectations, but the explanation that a lot of orders come in toward the end of the quarter is plausible and is something that the CEO has mentioned in past conference calls. The simple fact here is that the stock has gotten way out ahead of earnings, and […]

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May

1

Re-entered part of NTRZ position

May 1, 2007 | 2 Comments

This morning I decided to use some of my freed up cash from OPBL to re-enter part of my Nutracea position at $3.76. As I said when I originally sold NTRZ, I remain bullish on the prospects for the stock. Although I cost a quarter by attempting to trade NTRZ, today’s weakness has provided a nice opportunity to re-enter the position at a reasonable price. If the stock shows further weakness, I will be looking to add […]

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Apr

11

Clarifying my NTRZ trade

April 11, 2007 | Leave a Comment

I got a lot of questions regarding my close of NTRZ yesterday, so I will just take a minute to clarify my thoughts. I still believe NTRZ is a great investment. The company has a great long term story. However, I do not believe in the general markets right now, so I am attempting to use that conviction to make a short term trade. I am not calling for NTRZ to drop 20 or 30 percent […]

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