Feliz Navidad

Last post until end of December as I go off line tomorrow. Did get some good news today (unexpectedly) with AIRV. They are being bought out, which caused them to pop 20% today (SAC Capital, Blackstone lead $530M deal for Airvana). In the grand scheme of buyouts, the premium wasn't that high. There is already a lawyer prowling to build a class action suit (Law Office of Brodsky & Smith, LLC Announces Investigation of Airvana, Inc.).

I'll certainly hold my shares into the new year to put off capital gain taxes until early 2011. I also think there is a chance for the amount to increase. So two of my stocks (GIGM and AIRV) went through M&A activity near the end of December. I think that bodes well for the MFI portfolio as they are often very good value stocks.

I did buy CF today and I sold CSKI (I know the sale of CSKI was premature, but I get so antsy with them as one day they're $19 and the next day $12.). As mentioned earlier, I'll sell CKSW in a couple weeks as it ironically makes sense for me to sell them before the one year anniversary (I bought them 1/3/09) as loyal readers may recall, I briefly sold my shares in July, so I already have a capital gain. They are down since then (and I don't blame shyster), so I have a loss which I'd like to realize in 2009.

Not much else to add. It was a very good year (I think my MFI is up about 70% right now for the year and I did briefly touch break-even). Hopefully in 2010 I'll hit the green and more of my stocks will be bought out.

Feliz Navidad!

Here is my top 50 mechanical portfolio, note the 100% increase already in SNTA:

Symbol		Original	Current	Dividend	S&P O	S&P D	Stock Chg	S&P Chg	Diff
ITWO	12/27/08	5.61	19.01	-	87.16	1.59	238.9%	28.3%	210.6%
JOYG	12/27/08	21.95	51.82	-	87.16	1.59	136.1%	28.3%	107.8%
TRMS	12/27/08	1.03	3.30	-	87.16	1.59	220.4%	28.3%	192.1%
CTGX	1/3/09	3.18	7.22	-	92.96	1.59	127.0%	20.3%	106.8%
PMD	1/3/09	6.44	5.30	0.58	92.96	1.59	-8.7%	20.3%	-29.0%
HPY	1/24/09	8.54	13.47	0.06	83.11	1.59	58.4%	34.5%	23.9%
HLIT	1/31/09	5.15	5.82	-	82.83	1.59	13.0%	35.0%	-22.0%
HGT	1/31/09	13.06	16.78	0.59	82.83	1.59	33.0%	35.0%	-2.0%
CNU	2/8/09	1.96	3.92	-	86.98	1.59	100.0%	28.5%	71.5%
SJT	2/8/09	19.05	17.95	0.49	86.98	1.59	-3.2%	28.5%	-31.7%
SGU	2/8/09	2.55	3.90	0.27	86.98	1.59	63.6%	28.5%	35.1%
TC	2/8/09	4.33	10.59	-	86.98	1.59	144.6%	28.5%	116.0%
bioc	2/14/09	3.72	4.00	-	82.76	1.59	7.5%	35.1%	-27.6%
FORR	2/14/09	17.56	25.30	-	82.76	1.59	44.1%	35.1%	9.0%
ZYXI.OB	2/14/09	1.20	1.13	-	82.76	1.59	-5.8%	35.1%	-40.9%
FRD	2/21/09	4.95	5.45	0.09	77.42	1.59	11.9%	44.4%	-32.5%
SOLR	2/21/09	4.22	5.69	-	77.42	1.59	34.8%	44.4%	-9.6%
MTXX	2/21/09	17.90	4.00	-	77.42	1.59	-77.7%	44.4%	-122.1%
TYPE	2/21/09	3.02	8.87	-	77.42	1.59	193.7%	44.4%	149.3%
PTIE	2/21/09	5.41	5.30	-	77.42	1.59	-2.0%	44.4%	-46.4%
PDO	2/21/09	3.19	4.77	-	77.42	1.59	49.5%	44.4%	5.1%
SAPE	2/21/09	3.38	8.25	-	77.42	1.59	144.1%	44.4%	99.7%
VDSI	2/21/09	5.25	6.09	-	77.42	1.59	16.0%	44.4%	-28.4%
IGTE	2/21/09	2.99	9.96	0.11	77.42	1.59	236.8%	44.4%	192.4%
DECK	2/28/09	41.27	91.53	-	73.93	1.59	121.8%	51.2%	70.6%
KTII	2/28/09	55.48	104.87	-	73.93	1.59	89.0%	51.2%	37.8%
INT	2/28/09	29.01	51.58	-	73.93	1.59	77.8%	51.2%	26.6%
ICAD	2/28/09	0.90	1.55	-	77.42	1.59	72.2%	44.4%	27.8%
EXBD	3/6/09	12.96	21.95	-	68.92	1.59	69.4%	62.2%	7.2%
DISH	3/6/09	9.27	20.96	-	68.92	1.59	126.1%	62.2%	63.9%
QLTI	3/6/09	1.41	4.75	-	68.92	1.59	236.9%	62.2%	174.7%
SRDX	3/6/09	16.87	24.28	-	68.92	1.59	43.9%	62.2%	-18.3%
INFI	4/16/09	5.83	6.29	-	87.08	1.03	7.9%	27.7%	-19.8%
CRAY	5/1/09	3.98	6.10	-	87.89	1.03	53.3%	26.6%	26.7%
TWX	5/1/09	22.84	29.45	2.72	87.89	1.03	40.8%	26.6%	14.3%
RST	5/1/09	29.83	16.84	-	87.89	1.03	-43.5%	26.6%	-70.1%
ulcm	5/1/09	8.72	10.39	-	87.89	1.03	19.2%	26.6%	-7.4%
AAV	5/15/09	3.41	6.70	-	88.71	1.03	96.5%	25.4%	71.1%
AMED	5/29/09	30.43	45.26	-	92.53	1.03	48.7%	20.2%	28.5%
UTA	5/29/09	7.90	10.14	-	92.53	1.03	28.4%	20.2%	8.1%
PFE	6/5/09	14.51	18.30	0.32	94.55	1.03	28.3%	17.6%	10.7%
VM	6/5/09	4.55	5.50	-	94.55	1.03	20.9%	17.6%	3.2%
ONTY	6/11/09	2.60	5.18	-	95.08	1.03	99.2%	17.0%	82.2%
BPI	6/19/09	16.74	14.83	-	92.04	0.51	-11.4%	20.3%	-31.7%
GME	6/19/09	22.95	22.48	-	92.04	0.51	-2.0%	20.3%	-22.3%
SHAW	7/10/09	23.69	29.62	-	87.96	0.51	25.0%	25.9%	-0.8%
RTN	7/24/09	45.39	52.45	0.31	98.06	0.51	16.2%	12.9%	3.3%
CBZ	7/31/09	6.54	7.01	-	98.81	0.51	7.2%	12.1%	-4.9%
CBI	7/31/09	13.95	19.00	-	98.81	0.51	36.2%	12.1%	24.2%
DRC	7/31/09	29.11	30.94	-	98.81	0.51	6.3%	12.1%	-5.8%
JEC	7/31/09	40.98	37.74	-	98.81	0.51	-7.9%	12.1%	-20.0%
NPSP	7/31/09	3.89	3.09	-	98.81	0.51	-20.6%	12.1%	-32.6%
ASGN	7/31/09	4.23	7.06	-	98.81	0.51	66.9%	12.1%	54.9%
AGX	8/7/09	12.35	12.80	-	98.81	0.51	3.6%	12.1%	-8.4%
BBND	8/7/09	4.00	3.49	-	98.81	0.51	-12.8%	12.1%	-24.8%
LHCG	8/7/09	24.55	33.72	-	98.81	0.51	37.4%	12.1%	25.3%
RGR	8/7/09	11.45	10.12	-	98.81	0.51	-11.6%	12.1%	-23.7%
PRIM	8/7/09	6.95	8.07	-	100.79	0.51	16.1%	9.8%	6.3%
SEPR	8/7/09	18.12	23.00	-	100.79	0.51	26.9%	9.8%	17.1%
CEU	8/21/09	5.10	5.75	-	102.96	0.51	12.7%	7.5%	5.2%
CYTK	8/21/09	3.04	2.64	-	102.96	0.51	-13.2%	7.5%	-20.7%
CMFO	8/28/09	4.55	7.31	-	102.96	0.51	60.7%	7.5%	53.1%
NAVR	9/4/09	1.79	2.22	-	102.60	0.51	24.0%	7.9%	16.1%
WTW	9/11/09	26.00	28.30	-	104.77	0.51	8.8%	5.7%	3.2%
MIPS	9/18/09	3.72	4.00	-	106.72	0.51	7.5%	3.7%	3.8%
ESI	10/30/09	90.35	90.67	-	103.56	-	0.4%	6.4%	-6.1%
VRSK	10/30/09	27.43	30.56	-	103.56	-	11.4%	6.4%	5.0%
APOL	11/6/09	55.99	58.40	-	107.13	-	4.3%	2.9%	1.4%
CBST	11/6/09	17.60	18.91	-	107.13	-	7.4%	2.9%	4.6%
SNTA	11/6/09	3.20	6.40	-	107.13	-	100.0%	2.9%	97.1%
IMMU	11/6/09	3.61	3.11	-	107.13	-	-13.9%	2.9%	-16.7%
PBH	11/13/09	6.95	7.53	-	109.62	-	8.3%	0.5%	7.8%
IDCC	11/20/09	23.56	25.29	-	109.43	-	7.3%	0.7%	6.6%
PDLI	11/27/09	6.63	6.97	-	109.57	-	5.1%	0.6%	4.5%
CBPO	12/4/09	9.06	10.52	-	111.01	-	16.1%	-0.7%	16.8%
XOMA	12/4/09	0.72	0.64	-	111.01	-	-11.0%	-0.7%	-10.3%
DYAI.PK	12/11/09	1.90	1.80	-	111.11	-	-5.3%	-0.8%	-4.5%
						Top 50 Portfolio
						Totals	20.2%	1.0%	19.3%
54.7% of stocks beat the S&P 500 Benchmark						Closed	7.8%	-10.8%	18.6%
S&P C			110.21			Open	44.4%	23.8%	20.6%