Not Good

While it was another good day for my portfolio helped by strong earnings from VSNT (Versant Announces Record Quarterly Net Income of $2.6 Million), I need about 20 more straight similar days.

The bad news is with IAR, which is down a mega amount since I bought it several months ago. They had suddenly fired their CEO last week as I mentioned two days ago. They had also recently lost their CFO and another top financial person. Today their new CEO is resigning due to health (John J. Mueller Resigns as Idearc Chairman and Chief Executive Officer for Unforeseen Health Reasons). So they are basically losing a number of very key employees in what is already an extremely challenging environment. They have been placed under negative watch by S&P (S&P Lowers Its Outlook on Idearc). Now Moody's is looking at them as well for a possible downgrade. I am starting to feel very queasy about IAR.

I had mentioned a while back that I started two "Under $10" portfolios in December and January. They are both beating the benchmarks, despite one of them having the TGIS meltdown. The 2nd one should pop tomorrow as DBRN had great earnings.

Symbol	Shrs	Price Paid	Trade	Gain
-	-	7.88	1,269	10,012.41$10,012.41	ALOY	1,269	7.88	7.89	12.69 $12.69	0.13%
-	-	4.27	2,342	6,862.06$6,862.06	CHCG.OB	2,342	4.27	2.93	-3,138.28 $3,138.28	31.38%
-	-	5.15	1,942	14,739.78$14,739.78	GVHR	1,942	5.15	7.59	4,738.48 $4,738.48	47.38%
-	-	6.45	1,550	8,649.00$8,649.00	HLYS	1,550	6.45	5.58	-1,348.50 $1,348.50	13.49%
-	-	87.11	1	79.89$79.89	IWV	1	87.11	79.89	-7.22 $7.22	8.29%
-	-	10.68	936	10,258.56$10,258.56	KG	936	10.68	10.96	262.08 $262.08	2.62%
-	-	4.98	2,008	10,160.48$10,160.48	NOOF	2,008	4.98	5.06	160.64 $160.64	1.61%
-	-	7.95	1,258	10,001.10$10,001.10	PBH	1,258	7.95	7.95	0.00 $0.00	0.00%
-	-	6.47	1,546	5,083.25$5,083.25	TGIS	1,546	6.47	3.2880	-4,919.37 $4,919.37	49.18%
-	-	8.73	1,145	10,648.50$10,648.50	VPHM	1,145	8.73	9.30	652.65 $652.65	6.53%
-	-	10.02	998	10,199.56$10,199.56	WSTG	998	10.02	10.22	199.60 $199.60	2.00%
-	-	-	-	96,694.59$96,694.59	Total (USD):	-	-	-	-3,387.23 $3,387.23	3.38%

Symbol	Shrs	Price Paid	Trade	Gain
-	-	1.83	5,464	6,447.52$6,447.52	BVSN.OB	5,464	1.83	1.18	-3,551.60 $3,551.60	35.52%
-	-	3.90	2,564	7,512.52$7,512.52	CHCG.OB	2,564	3.90	2.93	-2,487.08 $2,487.08	24.87%
-	-	10.20	980	12,318.60$12,318.60	DBRN	980	10.20	12.57	2,322.60 $2,322.60	23.24%
-	-	9.82	1,018	14,282.54$14,282.54	FTD	1,018	9.82	14.03	4,285.78 $4,285.78	42.87%
-	-	6.20	1,613	9,000.54$9,000.54	HLYS	1,613	6.20	5.58	-1,000.06 $1,000.06	10.00%
-	-	9.53	1,049	9,598.35$9,598.35	HIRE	1,049	9.53	9.15	-398.62 $398.62	3.99%
-	-	5.43	1,842	13,409.76$13,409.76	MTEX	1,842	5.43	7.28	3,407.70 $3,407.70	34.07%
-	-	5.10	1,961	9,922.66$9,922.66	NOOF	1,961	5.10	5.06	-78.44 $78.44	0.78%
-	-	7.25	1,379	10,963.05$10,963.05	PBH	1,379	7.25	7.95	965.30 $965.30	9.66%
-	-	4.07	2,457	11,744.46$11,744.46	SIMG	2,457	4.07	4.78	1,744.47 $1,744.47	17.44%
-	-	8.90	1,124	11,487.28$11,487.28	WSTG	1,124	8.90	10.22	1,483.68 $1,483.68	14.83%
-	-	1.53	6,536	12,353.04$12,353.04	WON	6,536	1.53	1.89	2,352.96 $2,352.96	23.53%
-	-	81.48	1	79.89$79.89	IWV	1	81.48	79.89	-1.59 $1.59	1.95%
-	-	-	-	129,120.20$129,120.20	Total (USD):	-	-	-	9,045.10 $9,045.10	7.53%