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

To: Jurgis Bekepuris who wrote (46844)	3/4/2012 10:00:22 AM
From: wherry	Respond to of 78615

Jurgis - about PMGLF. I share your uncertainties. Essentially, PMG is a speculative E & P in the best sense. If it reverts to its past success rates, it could easily be a double over only a few months. A couple more doubtful drilling results and it could equally easily fall well below recent lows. I see it as a sensible part (only) of a portfolio of E & P stocks, which for most of us should probably not be a big part of our total holdings. I was lucky to sell most of mine near the highs (around the $40 mark), but I`m too old to hold this sort of thing over the long haul. I contrast PMG with PBN also in the Petro family, which has a better yield and much lower exploration risk. Does not mean that one should over own this either, though. Regards, Tony.

To: Jurgis Bekepuris who wrote (46844)	4/1/2012 10:40:28 AM
From: Jurgis Bekepuris	5 Recommendations Read Replies (2) \| Respond to of 78615

I decided to sell all my positions and put 100% of my money into SWSH. I think it is sure thing that will go to sky during spring cleaning season. They have received huge contracts to clean up Washington, D.C. during the election. Right now they are bidding for the upcoming Chinese CP cleanup at the end of 2012. There's also unidentified party from Latin America that may pay SWSH to clean up things after December 21, 2012. This is the best bet ever.

To: Jurgis Bekepuris who wrote (46844)	4/3/2012 1:30:16 AM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 78615

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.