Comments on: Portfolio Update March 2010 Q1

By: phishticker

phishticker — Thu, 08 Apr 2010 15:57:15 +0000

the run by CTDBQ has been nothing short of spectacular. It seems like a large fund has been bidding it up.
“Q” companies have been doing well in general as they emerge with good deals. Any others you like??? I was long on wamuq but think that is not going anywhere anytime soon.
Even though CTDBQ is up 500% from my purchase price 2 weeks ago as long as the fund keeps buying I am sticking around.

By: Jae Jun

Jae Jun — Mon, 05 Apr 2010 20:15:15 +0000

@ phishticker,
I have to admit that I would have been speculating if I didn’t sell when I did, but I wish I had waited a few extra days.

@ john,
That’s the sentiment that I am getting as well.

By: john

john — Mon, 05 Apr 2010 17:01:30 +0000

OK Jae – thanks so much. I think the trading in RGCIQ indicates the market is pretty skeptical – we will see, I suppose.

By: phishticker

phishticker — Mon, 05 Apr 2010 16:42:21 +0000

wow!!! CTDBQ!!! I picked some up and flipped them in a week at nearly 100% gain…..now i see if i would have held on another few days that would be a 200% gain.
Why is this going crazy this past week????

By: Jae Jun

Jae Jun — Mon, 05 Apr 2010 05:23:37 +0000

Hey John,

I didn’t notify anyone on RGCIQ.
I also have to transition all the existing email subscribers to the new mailing list. Getting hard to manage separate lists.

Once I get that done, I’ll start notifying people of breaking situations first.

By: john

john — Mon, 05 Apr 2010 03:16:37 +0000

hi Jae – I don’t remember seeing anything on RGCIQ a couple of weeks back although I’m a sub; is there another list I should be on to get the early info ?

thanks much,

John

By: Jae Jun

Jae Jun — Sun, 04 Apr 2010 00:39:07 +0000

@ slinj,
Don’t disagree with you on that. Just depends on the company situation though. Current valuation of GRVY has completely discounted every game in their portfolio, whether it be a good one or mediocre. But gaming companies have big margins which allows even the so so games to add to the bottom line.

@ Parker Bohn,
I do tend to concentrate my holdings a lot. I don’t like dealing with 30 companies in my portfolio. Way too much work than I can handle.
My positioning also depends on what I view as the downside relative to the upside. If a stock has 50% downside but 100% upside, it won’t be a big position. It will be a very risky position for me. However, if I see a stock with about 10% downside but 100%, then it’s time for me to piling up.

@ Ryan B,
Yes I still hold LTON but I have a sell order in place. I am very dissatisfied and disappointed in the way the company is being run.
This company clearly doesn’t care about shareholders. Extremely mispriced but I’m not liking this stock at all lately.

What do you think? Am I being irrational? When it comes down to price vs value, there is more value there but no way of it being unlocked.

By: Ryan B

Ryan B — Sat, 03 Apr 2010 03:57:23 +0000

Do you still hold a position in LTON?

By: Parker Bohn

Parker Bohn — Sat, 03 Apr 2010 03:23:16 +0000

You are braver than I am. I tend to carry positions at 5% of my portfolio, and rarely above 10%.

The only positions I’ve bought this year so far are SPCO and SAB, which look not unlike your investing style. Both are up slightly since I bought them, but they may be worth a look to you. I’d certainly be interested to know any reason you saw for NOT investing in these.

I trust my own homework, but I’m always looking for disconfirming thoughts.

I enjoy your blog, especially the emphasis on method.

By: slinj

slinj — Sat, 03 Apr 2010 02:47:01 +0000

CTDBQ would be a bit speculative, I guess, but you are right should have digged deeper.
I am not fully convinced about GRVY though…Gaming company has a bit of bipolar nature, just like biotechs, there can be big hits, but can also have so so products which just goes unnoticed. So it would be hard to predict. Love to hear otherwise.