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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (40147)	11/18/2010 3:31:47 PM
From: E_K_S	Respond to of 78751

Hi Paul - I sold some ULTR in 9/2010 at $5.29 with the idea I would buy back in at lower prices. It never happened. Luckily, I was able to book my tax loss and my shares I bought in the $2.50/share range are looking pretty good now. 15% of my shares are still at higher levels but I have my average cost down to $4.60/share. Stock could go to the $15.00/share range in 1-2 years when their capital investments start to return free cash flow. I believe they have a few new boats coming online and soon their extra capacity they built into their River Business should pay off too. Ultrapetrol (Bahamas) Ltd. (ULTR) up over 5%. Good time to peel off some shares. I was 45 days too early. ================================================================ The little E&P plays are starting to run too. Magnum Hunter Resources Corp. (MHR) up over 14% on 6 times normal volume. Gastar Exploration Ltd New Ordi (AMEX: GST ) is up almost 4%. Missed my BUY on TPZ at $23.18 representing more than a 6% discount to the NAV. When the 18K shares at $23.20 were lifted, stock ran back up to $23.45. I guess some investor wanted out to buy stock else where. Good job on seeing that develop earlier in the day. =================================================================== Just found out that the annual health care insurance premiums going up 9% for next year. Lucky for me that my mortgage is paid off next year. My plan is to have enough money spin out of MHR-PC to pay the monthly premiums. It takes close to 9% of the portfolio capital to generate enough income to pay the monthly health care premiums. That's with everybody healthy too! EKS