My top 10-ish positions in no particular order: UVIC, GLW, MSFT, MHR-D, GST-A, GRVY, GAME, DRAGF. Changes in top-10: EGY - sold, PMGLF - fell out of top 10.
New positions: BASFY, CYOU, CVX
Positions increased: BRK, MGDDY, PWRD, MSFT, TSCDY, AHONY, RIO, FCX, MOS, GLW, DELL, TOT
Positions reduced: EGY, GAME, UVIC
Positions eliminated: PKX, COP
Flip-flop:
There are two somewhat new themes in my portfolio changes this time period.
First - everything that I bought I could have bought cheaper earlier. :(
Second - it's the proxy season and do I hate the overcompensated CEOs. Vote early, vote often and buy BRKa or FRFHF where the CEOs receive reasonable salaries...
There are also recurring themes.
Chinese gaming companies. GAME continues going up even after the one-time divvie payout. I lightened my position. PWRD also announced one-time divvie and jumped up. I decided to reenter CYOU as its valuation is now once again close to GAME and PWRD. GRVY - not Chinese, but still gaming company - has finally released its long delayed Ragnarok Online 2. The stock promptly ran to $3.X and has retreated since. I am holding my position waiting for the financial results that include the new RO2.
Oil. I ran some numbers and decided to sell COP and buy some CVX and TOT. With the EGY runup, the stock is getting overvalued, so I sold most of my position.
I did not like PKX 2011 numbers, so I sold my position. Continued to lighten UVIC position a bit.
Other portfolio additions still based on valuation: MGDDY, MSFT, TSCDY, AHONY, RIO, FCX, MOS, GLW, DELL. Nothing much to say except that most of them have run up, so further purchases are uncertain. |
