Gigm Tanks

I sometimes think I am that guy running through the TNT factory with a lit match. All-in-all, I had a super 2009, up about 72% for MFI and 48% overall, but it seems that the second half of the year I made some bad decisions. Even in the first half, I sold some stocks too early. I know it is mental, after you have a year where you lose over 40%, you tend to be gun shy when it is real money and retirement funds you're talking about.

GIGM was my latest fiasco. I think I mentioned last week that I added some post their announced selling of part of their software. It may still ultimately be the right move, but I could have certainly waited a week and done it cheaper as they must be down 20 to 25%. They finally posted their past 2 quarters of earnings and they were sub-par (UPDATE - GigaMedia posts Q3 loss, sees fall in Q4 Asian rev).

Then I also sold my CSKW a few days early as I thought I was headed out for the rest of the year and I wanted to do it before 1/1 for tax reasons. Then they pop 12% today... sigh. I'd be better off not looking.

Still a decent day and year. I did add a new stock (CYTK) and they went up 10% today, so it is not all bad :).

So here are my current holdings (may be my last post of the year):

QXM	39%
KHD	44%
UEPS	57%
WILC	147%
AIRV	25%
CBI	45%
CMFO	56%
BR	38%
UTA	31%
PFE	34%
AMED	29%
HCKT	20%
CBPO	23%
FRX	40%
ENDP	20%
LIWA	9%
RTN	16%
BIOC	12%
IDCC	11%
BKE	17%
QKLS	12%
WTW	12%
PRIM	12%
JTX	4%
CYTK	10%
CEU	7%
AGX	6%
TSRA	5%
KSW	0%
ESI	0%
PVSW	-1%
RGR	-3%
CF	-3%
GTLS	-11%
JCOM	-16%
QCOR	-20%
WH	-11%
GIGM	-36%
CHCG	-52%

And here is how my "mechanical" stocks have fared:

Still Own	1
		Values
Symbol	Date	Bought	Price	Pct Gain	IWV Gain	Diff
AGX	10/22/2009	$12.31	$13.08	6.2%	2.8%	3.4%
AMED	9/8/2009	$35.86	$46.21	28.9%	9.3%	19.5%
BIOC	7/30/2009	$3.70	$4.14	11.9%	14.6%	-2.7%
BKE	8/17/2009	$26.66	$29.29	17.4%	14.6%	2.8%
BR	7/30/2009	$16.53	$22.73	38.4%	14.6%	23.7%
CBI	7/30/2009	$13.62	$19.81	45.4%	14.6%	30.8%
CBPO	12/4/2009	$9.15	$11.30	23.5%	1.8%	21.7%
CEU	8/26/2009	$5.40	$5.85	8.3%	9.2%	-0.8%
CMFO	10/30/2009	$4.30	$6.74	56.7%	8.9%	47.8%
ESI	11/3/2009	$93.61	$93.55	-0.1%	7.9%	-8.0%
FRX	6/9/2009	$23.10	$32.30	39.8%	20.3%	19.5%
GIGM	7/27/2009	$5.02	$3.23	-35.7%	15.1%	-50.7%
GTLS	8/27/2009	$19.50	$17.29	-11.3%	9.1%	-20.4%
HCKT	5/7/2009	$2.30	$2.75	19.6%	25.9%	-6.3%
IDCC	11/17/2009	$23.62	$26.24	11.1%	1.4%	9.6%
JCOM	9/30/2009	$23.00	$19.42	-15.6%	6.1%	-21.7%
JTX	6/29/2009	$5.55	$5.71	2.9%	22.5%	-19.6%
	6/30/2009	$5.41	$5.71	5.6%	23.2%	-17.6%
PFE	6/9/2009	$14.13	$18.61	34.0%	20.3%	13.6%
PRIM	9/30/2009	$7.30	$8.21	12.5%	6.1%	6.4%
PVSW	8/18/2009	$4.96	$4.90	-1.2%	13.5%	-14.7%
QKLS	11/20/2009	$5.75	$6.42	11.7%	3.3%	8.3%
RGR	10/30/2009	$10.59	$10.18	-3.0%	8.9%	-11.9%
RTN	7/27/2009	$45.61	$52.55	15.9%	15.1%	0.8%
UTA	5/29/2009	$7.90	$10.35	31.0%	23.4%	7.6%
WTW	9/21/2009	$26.00	$28.87	11.7%	4.8%	6.9%
CYTK	12/21/2009	$2.59	$2.85	10.0%	0.5%	9.5%
Average				13.9%	11.8%	2.1%
Still Own	0
		Values
Symbol	Date	Bought	Sold	Pct Gain	IWV Gain	Diff
AHCI	1/5/2009	$1.11	$1.73	55.9%	0.2%	55.7%
CKSW	1/5/2009	$1.99	$5.52	177.4%	23.0%	######
DBTK	3/16/2009	$6.70	$7.05	5.2%	14.7%	-9.5%
DELL	2/23/2009	$8.55	$9.52	11.3%	6.5%	4.9%
	2/27/2009	$8.66	$9.52	10.0%	7.4%	2.5%
FRX	6/9/2009	$23.10	$29.08	25.9%	11.1%	14.8%
GME	6/22/2009	$22.64	$25.76	13.8%	24.5%	-10.7%
	6/23/2009	$20.63	$22.65	9.8%	16.5%	-6.7%
PFE	6/5/2009	$14.46	$16.27	13.6%	11.2%	2.4%
RST	5/7/2009	$58.50	$54.00	-15.3%	0.4%	-15.7%
SEPR	8/17/2009	$17.86	$23.09	29.3%	1.4%	27.9%
SOLR	2/23/2009	$4.70	$8.09	72.1%	6.5%	65.7%
UTA	6/23/2009	$8.37	$10.90	30.2%	2.7%	27.5%
VM	6/5/2009	$4.38	$5.18	18.3%	4.5%	13.8%
	6/23/2009	$3.11	$4.33	39.2%	2.7%	36.5%
	6/6/2009	$4.23	$5.18	22.5%	4.5%	18.0%
Average				32.4%	8.6%	23.8%
Open and Closed				20.8%	10.7%	10.0%