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

To: Paul Senior who wrote (43210)	7/6/2011 8:19:15 PM
From: E_K_S	Read Replies (1) \| Respond to of 78967

I see why you have been buying Corporate Office Properties Trust (OFC) lately. It is one of only a few stocks (REITs) that I have noticed is selling below it's 50 Day and 200 Day MA. I have been socking more cash in my preferred basket ready to deploy on some of these sectors we have been discussing. It takes a lot of discipline to choose your entry points and sometimes you have to let the market run it's course. I probably get 2-3 really attractive buying opportunities in any one year that result in significant returns 18-24 months down the road. Perhaps now is the time to take as much time and effort to initiate sales as I argue to myself the over valued case(s). Sometimes the best plans are to do nothing. =================================================================== FWIW, my E&P small Cap basket continues to move higher up over 4% from it's deficit position late last month. There will be quite a few new well results in September that could significantly increase the value of these companies. ANTARES ENERGY LIMITED (AZZEF) is one you brought to my attention in December 2010. They continue to show excellent results on their Permian Basin leases ( gtp.com.au ). AZZEF is up 24% since my buy in December 2010. I continue to expect good things. Here are my recent results of my E&P Small Cap Basket. July 2011 Top E&P Small Cap Basket results: Up 4.29% 18 holdings in the basket: 7 positive/ 11 negative % of Basket % Gain Symbol @ Cost to date --------------------------------------------------------------------------------- SSN 12% 77.0% GMXR 11% 1.6% MHR 8% 36.5% LEI 6% 25.4% AXAS 6% 10.3% DBLE 6% 4.2% AZZEF 3% 23.8% I am looking towards Q4 to see all the holdings in the basket profitable as no one position is off more than 25% (except CFW but it's a 1% position). VOG & PVA are my two dark horses w/ a large basket position (13% & 18% respectively) that are still losers. PVA's last two wells in their Marcellus Shale leases were marginal producers but on their Eagle Ford leases they reported six new wells (June 14, 2010 - finance.yahoo.com ) producing a total of 4,096 BOPD. Their 85% interest in these wells alone adds about $4.60/share ($60K x 4,096BOPDx85%/44M shares). I am still optimistic about PVA even though it is selling near it's 52wk low. Therefore, it should be an exciting second half of the year. EKS