Steady as she goes...

HNR has settled down a bit, but is still at a handsome gain of 19.46% right now. The best part about it, is that it brought up a "lagging" tranche. I've been comparing each batch of 5 stocks purchased every two months against a comparable purchase of VFINX, Vanguard's S&P 500 index (with all distributions reinvested). Here's where they all stand:

Purchase date, MFI gain, VFINX gain

3/06, 28.80%, 11.04% (CLOSED)
5/06, 27.01%, 14.80% (CLOSED)
7/06, 14.97%, 21.81% (OPEN - all following are still open)
9/06, 49.17%, 19.24%
11/06, 13.33%, 11.33%
1/07, 11.12%, 8.56%
3/07, 1.57%, 9.86%
5/07, 8.77%, 1.11%

Overall average (weighted):
MFI 18.04%, VFINX 11.60%

I'm very happy that of all of these, only two tranches lagged the market, and with no overall loss in any tranche. Plus, 3/07 is really too soon to see where it will end up. Naturally, several of the results were due to one or two "outliers" within the tranche. Examples:

3/06 PNCL 145% gain and AEO 50% gain, offset by FORD 54% loss
5/06 VPHM 59% gain, MVL 44% gain, KMG (Kerr McGee, no longer listed) 36% gain, offset by a loss on FDG of 23%
7/06 KFY up 35%, IVII 28% gain (no longer listed), offset by ORCT down 13%
9/06 WNR up 154%, FTO up 50%
11/06 FCX up 39%, CRYP up 36%, offset by CLHI down 32%
1/07 HNR up 19%, OVTI up 23%, TRLG up 24%, offset by PWEI down 3% and RAIL down 9%
3/07 LRW up 27% offset by OPTI down 24%
5/07 FDG up 20%, JAKK up 14% (I lost 7% on JAKK in the 3/06 tranche)

FORD by far my biggest stinker, PNCL and WNR by far my biggest winners.