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.