A quick Portfolio Review
A quick review starts from recent trading activities - I sold the remaining 1/3 RICK at $9.75 (bought at $6.6) , sold ASFI at $34.70 (bought at $32.30), and sold ESLR at $10.00 (bought at $7.7) recently, and here is my current holdings:
Holdings:
Large Cap (>10B): COP
Small Cap (<100m): MMG, UTK, DAGM
Medium Cap (anything in between): OVTI, NTE, SCSS
Others: QID
Regarding PALM, it had an amazing ride, and I clearly missed the boat. The recent rumor that Nokia considers buying PALM drives the price too high, and way above my comfort zone. I mentioned in my previous post, that PALM is an ideal M&A target, maybe Nokia management read my analysis :-).
So, I sold quite significant porportion of the portfolio, what's next? To be honest, I don't know. My current plan is to hold cash and wait until the market direction is clear. I will take some time to screen some stock candidates this weekend. Always good to be prepared.
I still like RICK and ASFI. They remain my top candidates, and I will try to buy them back once the market weakness settles.
Holdings:
Large Cap (>10B): COP
Small Cap (<100m): MMG, UTK, DAGM
Medium Cap (anything in between): OVTI, NTE, SCSS
Others: QID
Regarding PALM, it had an amazing ride, and I clearly missed the boat. The recent rumor that Nokia considers buying PALM drives the price too high, and way above my comfort zone. I mentioned in my previous post, that PALM is an ideal M&A target, maybe Nokia management read my analysis :-).
So, I sold quite significant porportion of the portfolio, what's next? To be honest, I don't know. My current plan is to hold cash and wait until the market direction is clear. I will take some time to screen some stock candidates this weekend. Always good to be prepared.
I still like RICK and ASFI. They remain my top candidates, and I will try to buy them back once the market weakness settles.
Labels: Review
posted by Siyu LI at
11:41 PM
4 Comments:
Hi siyu,
hope you are doing good. thanks for the comments in the previous blog.
I have a question about Novastar (NFI). It took a beating today because of Cramers negative comments, but if this company survices dont you think its a good buy. Its got a hell of a dividend (132%). Or am i missing something here?
http://finance.yahoo.com/q?s=NFI
Thanks
Sam
By
Anonymous, at March 14, 2007 3:28 AM
Sam:
Sorry about the delay. I was away for some time.
For NFI, the dividend is no longer a fair factor to evaluate the stock. as for NFI, I don't have sufficient information to make a case for or against it.
Siyu
By
Siyu LI, at March 28, 2007 12:05 AM
Good for people to know.
By
Anonymous, at November 10, 2008 9:12 PM
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By
Stock Pick Strategies, at May 16, 2011 4:14 AM
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