Portfolio Changes

A lot going on, sorry about not posting for a while. I have made some changes to my portfolio, some planned and some not.

• I sold IVAC as planned, it goes down as my biggest $ loser MFI stock.
• I sold AXCA as they got bought (Axcan Pharma Fetches $1.3 Billion).
• I sold UNTD as I felt they had gotten over-bought with hype of classmates IPO (they dropped $2 since.
• I sold KSWS for some tax losses for 2007.
• I bought ACN at $34.25 as they seem really cheap.
• I bought TRID at $6.25 as they expect to make $1 next year AND they have $3 per share in cash.
• I bought HOC as refiners have been oversold at $47.

Whew! Did get some good news for CHCG as they bumped up their guidance (China 3C Raises Full Year Profit Guidance for 2007). They have gone up about 30% since then. I saw where someone said to sell them around $3.50 a share (down from $8) because their third quarter grew but not as much as hoped. People need to understand that this is a small Chinese retailer, not Wal Mart and their results will be unpredictable for many years... both ways I suspect.

KG has already gone up a bit since I bought them. I think the recent buyouts of AXCA and ASPV are waking people to the reality that these pharmas (King Pharma options up on takeover talk-analysts) are cheap (VPHM went up nicely last few days as well).

Enough chatter. Here are my current stocks and my current graph. For those who haven't seen the graph, the magenta line shows the cumulative gains/losses of my portfolio. The green line is break even and the blue line is the Russell 3000. I am getting whipped pretty good, but did bounce back a lot the final two days in past week:

Current Portfolio
Stock	Purchase Date	Cost	Current	Gain
TGB	3/27/2007	$2.64	$4.69	77.7%
MSTR	9/14/2007	$69.55	$100.85	45.0%
JTX	4/9/2007	$28.70	$32.25	13.6%
VSNT	7/27/2007	$19.54	$21.12	8.1%
DGX	3/17/2007	$52.11	$55.06	6.2%
KG	11/19/2007	$10.10	$10.59	4.9%
TCK	8/16/2007	$36.50	$38.21	4.7%
HGG	8/3/2007	$13.48	$14.05	4.2%
KFY	9/28/2007	$16.74	$17.23	2.9%
KSW	5/10/2007	$6.54	$6.71	2.7%
HOC	11/29/2007	$47.64	$48.45	1.7%
ACN	11/28/2007	$34.28	$34.56	0.8%
TRID	11/28/2007	$6.24	$6.28	0.6%
LRCX	7/3/2007	$47.51	$45.85	-3.5%
VALU	5/29/2007	$44.01	$41.36	-4.7%
PNCL	2/9/2007	$17.07	$16.26	-4.7%
THO	4/2/2007	$40.30	$35.25	-7.4%
LCAV	11/9/2007	$17.59	$16.26	-7.6%
HSII	10/5/2007	$39.92	$36.27	-8.8%
CHKE	7/17/2007	$36.70	$31.51	-10.1%
TGIS	11/30/2006	$9.18	$7.43	-16.9%
UG	6/13/2007	$12.09	$10.01	-17.2%
AEO	7/10/2007	$28.42	$22.89	-18.8%
RAIL	2/16/2007	$45.54	$33.97	-25.0%
WSTG	5/15/2007	$14.98	$10.70	-25.9%
BBSI	9/7/2007	$24.13	$16.38	-31.8%
WNR	7/27/2007	$46.22	$28.90	-37.4%
CHCG.OB	6/5/2007	$5.93	$3.65	-38.4%
NOOF	4/27/2007	$8.59	$4.85	-40.6%
PACR	1/3/2007	$25.46	$13.76	-44.7%
USHS	6/25/2007	$11.22	$6.00	-46.5%
GVHR	10/12/2007	$15.91	$4.25	-72.0%
Gain/Loss Open Positions ($):				($67,387)
Gain/Loss Open Positions (%):				-11.0%
Gain/Loss Closed Positions ($):				$44,992
Gain/Loss Closed Positions (%):				6.6%
Total Gain/Loss ($):				($22,395)
Benchmark Gain/Loss ($):				$58,522
Annual IRR:				-3.5%
Total Gain/Loss (%):				-3.9%