Wednesday, January 31, 2007

 

January Results

What JOB giveth, KTCC taketh away. Yesterday was going well until I bought KTCC right before the close. Within a couple of minutes, the stock tanked big time. Oh well. Despite KTCC, I'm still up 1.4 percent for the week so far.

For the month of January, the portfolio gained $41,578 (5.3 percent), my best month since last April.

Comments:
KTCC is probably dead money until the next quarter but I doubt it will go down much because it's already at book value. JOB is going higher.
 
Thank you for your JOB. I sold some and probably will keep some until it reaches $4.
 
I thought I would share a funny and annoying story.

When you put your original (or last before recently) post about JOB up I bought some. Held it, held it, held it, it wasn't doing anything so I sold it about 2 weeks ago. Of course. So, I finally get it out of my mind then what comes in the mail to me? Their proxy info and annual report :( Thanks for the idea and keep up the good work!
 
Mike, same story here.

Bought at 1.68...
http://lvblog.blogspot.com/2006/11/job.html

Sold at $1.78...
http://lvblog.blogspot.com/2007/01/intraday-updates-january-09.html

I held three illiquid stocks in the last few months: JOB, IFUL, and NMRX - all of them had some nice gains and I managed to sell all of them too early. I was even glad when I sold because I wound their erratic movement unnerving.
 
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