It's been a while. Here are my current holdings and unrealized gains/losses to date.
FCX 50.6%
OVTI 44.4%
FDG 31.0%
HNR 12.3%
CRYP 11.0%
ASPV 9.8%
AXCA 8.7%
PBT 5.9%
LRW 3.5%
MOCO 3.1%
EPIQ 0.8%
LRCX -0.3%
TZOO -0.8%
BPT -1.3%
TRLG -1.3%
HSII -1.5%
FTO -2.3%
KG -3.0%
PNCL -11.0%
JAKK -12.2%
PACR -14.4%
KSWS -19.6%
RAIL -20.0%
NOOF -23.9%
CLHI -26.4%
IVAC -30.5%
OPTI -30.7%
VCI -41.5%
MTEX -53.1%
If MTEX doesn't recover, it could end up as my worst loss (the position currently held by Forward Industries (FORD) which had a 53.87% loss).
Also, I have read many articles which think the RAIL is going to do well. I'd certainly like to see that happen (and it's still in MFI.com).
Saturday, September 8, 2007
9/7/07 new tranche
Been very busy lately so it's been tough to do updates. Not to mention the fact the MFI fund continues to fibrillate along with the market.
Sold the 9/7/06 tranche on Friday. It was my most successful tranche so far, primarily thanks to WNR and FTO, and no stinkers. The final results were:
DEBS 10.65% gain
FTO 40.03% gain
KG -9.52% loss
WNR 139.99% gain (placing it in 2nd so far, since PNCL has the one year record at 144.65%).
(this tranche also previously included SCC which had a cash merger and resulted in a 1.09% loss very quickly).
Total tranche return: 36.04% vs. VFINX 16.29%.
Because they were still in the MFI list, I held on to FTO and KG. I was sad to let WNR go, because I personally believe it still has potential. I even checked to see if it was in the top 100 over $50M (since I only grab the top 25 over $50M for my random picking method). But, it wasn't. And so away it goes. I continue to follow the MFI method to the letter of the book. The other sad thing, of course, was that at its peak, WNR was at a 200% gain. Ah, July and August. It was perhaps an appropriate kick in the nuts that the morning I sold these stocks the market had already declined another 1%. Sure, I was able to buy the next tranche after that decline, but on principle it still sucks.
The new tranche consists of the following stocks:
FTO
KG
BPT
HSII
TZOO
Weighted gain since inception = 11.74% vs. S&P 500 = 7.76%.
Sold the 9/7/06 tranche on Friday. It was my most successful tranche so far, primarily thanks to WNR and FTO, and no stinkers. The final results were:
DEBS 10.65% gain
FTO 40.03% gain
KG -9.52% loss
WNR 139.99% gain (placing it in 2nd so far, since PNCL has the one year record at 144.65%).
(this tranche also previously included SCC which had a cash merger and resulted in a 1.09% loss very quickly).
Total tranche return: 36.04% vs. VFINX 16.29%.
Because they were still in the MFI list, I held on to FTO and KG. I was sad to let WNR go, because I personally believe it still has potential. I even checked to see if it was in the top 100 over $50M (since I only grab the top 25 over $50M for my random picking method). But, it wasn't. And so away it goes. I continue to follow the MFI method to the letter of the book. The other sad thing, of course, was that at its peak, WNR was at a 200% gain. Ah, July and August. It was perhaps an appropriate kick in the nuts that the morning I sold these stocks the market had already declined another 1%. Sure, I was able to buy the next tranche after that decline, but on principle it still sucks.
The new tranche consists of the following stocks:
FTO
KG
BPT
HSII
TZOO
Weighted gain since inception = 11.74% vs. S&P 500 = 7.76%.
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