I think your prediction made ROIAK the top mover today
I wouldn’t mind more of that.

Thanks.

I actually sold IGOI today. I don’t think it’s worth more than $1.50 and I believe Todd may be a little too late for the game.
IGOI has to get some real good numbers and show a turnaround for the price to move from current levels I believe.

Even with net net’s I usually start with 4-5% if possible and build my way up to 10% depending on how I see the potential of the investment.

With my 3 radio stocks, I put a total of 10% for the 3 stocks. I couldn’t make up my mind but I knew all of them were cheap so I plunked down 10%. It’s grown over 20% now but I’m perfectly fine with that.

MHH I bought about 5% then increased it to 7% and it’s gone up to about 12-14%.

So yes, my major picks are more concentrated. VVTV alone still makes up 20%.

my magic 8 ball is working pretty well I guess. ; ) I’m not that great. SALM popped 12% today so i could end up being wrong that it will be hard for it to break over 3.50.
.-= Mark´s last blog ..Follow Up On Stock List =-.

My question would be how big is one of your positions relative to the overall portfolio? I know stocks like INSM only are 2% of your profile since you’re using it as a learning experience, but are your other positions more concentrated? ( i.e. 5% – 10% of the total portfolio?)

Why not take a nice gain in SALM? Move capital into more undervalued positions? Especially if 2010 is negative there will be few big gainers to be had and the ones your up in will fall. I think ETM and ROIAK will have more run.
.-= Mark´s last blog ..Chinese Agriculture Stocks & More =-.

Do you have any strict exit criteria for making sure you sell into an overvalued market? -nevermind i saw you have a target on KTII

A lot of newspaper media companies look like a value trap to me. Partly the bad balance sheets but more so the industry loosing to free internet. It’s really a shame though because if media can’t pay quality reporters the quality of reporting will go down and all we will be left with is blogger opinions. I guess unless they put in effort.
.-= Mark´s last blog ..Chinese Agriculture Stocks & More =-.

@ advalorem,
Thanks

@ mark feldman,
1. Thanks. Value investing is seriously the most exciting and fulfilling type of investing I believe. It feels good when you see all the hard work you put in pay off.

2. That -30% early in the year sure stung but it didn’t bother me too much. This was after the first year loss of -30% as well so all up, I was down quite a bit.
But at that point in time, I was just so busy going through company after company that I wasn’t aware of being down 30%. Turned out to be a good thing because I kept buying and buying until I was 100% invested. Then the market turned and things worked out even better.

1 step back, 10 steps forward

1) congrats — you are doing super work here — and sharing it on the web is just such a fantastic thing. I’m learning a lot. I really enjoy being a value investor… I just don’t have the skills yet but reading/following along with you has been educational

2) It’s more impressive that you were down -30% at one point in March… I was wondering how you were feeling at that point… were you concerned? It’s tough to hold through corrections, especially for less experienced investors. It’s such a testament to value investing to live through such negative times and come out so far ahead — trading so much less than the average ‘daytrader’ and beating the pants off the market.

Thanks for sharing.