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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (51744)9/19/2013 3:22:22 PM
From: E_K_S  Read Replies (1) of 78744
 
Iona Energy Inc. (IONAF) - Closed out position for small gain (bought 3/2012 @ $0.62) for net 25% gain
Swift Energy Co. (SFY) - Doubled up small position w/ add @ $11.62/share
Summit Hotel Properties, Inc. 7 (INN-PC) - closed out for small gain (bought 8/2013) & collected div
Sundance Energy Australia Limited (SDCJF) - Closed out position @ $1.01/share for very small gain
Marlin Midstream Partners, LP (FISH) - Doubled up on FISH for 7.6% yield and potential growth

The strategy is to close out several of my small E&P non performing bets and put the proceeds into other bigger undervalued candidate E&P stocks. My current favorite is SFY w/ their huge NG "proved" reserves and large push into the Baken for more "oily" wells.

Thanks to the FED "no action" I was able to sell INNpC which was a parking place for funds. Collecting the dividend and sold for a small gain.

I continue to add to new IPO FISH a secondary NG gather. I get the same return as INNpC w/ future growth. Still only 50% of the position I want to own.

EKS
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