Gorgonzola

Ever tried gorgonzola cheese? I did... once. It was really stinky. Not unlike what unfolding this morning at CHKE.

Bad Headlines

This was the first headline I saw this morning on CHKE (CHEROKEE INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligatio). I did not like it as this mentioned that CHKE and their Executive Chairman were going different ways. What I really didn't like was the golden parchute, where he got a lump sum payment of $2.2m and his 400,000 shares of CHKE bought at Friday's closing price of $18.15. Those two items add up to about $10m, which is a huge chunk of change for an efficient company like CHKE with a $161m market cap.

The 2nd headline I saw later made me mad as opposed to unhappy (Cherokee Inc. Announces New Chairman and Quarterly Dividend). They cut their dividend from 38 cents to 20 cents. Now this was not a "surprise" to me, as I had always felt their dividend was at risk for a cut given their income levels. But I was mad because it triggered (not surprisingly) a sell-off of about 10%. My question is that if they knew about the resignation and the lowering of the dividend, why should the chairman get paid at $18.15???? He should be taking the same $2 haircut we stockholders are taking, which would hit him by about $800,000!

Top 200 January 29 2011

Another week, another top 200. It was a week that ended a bit rocky. Watching the news all weekend on Egypt has made me more nervous as well. My MFI portfolio was generally crushed on Friday and I went from up over 3% Y-T-D to essentially break-even.

Without further adieu, here is the top 200 this week:

Ticker	Rank	Date	Stock Price	Market Cap	Earnings Yield	ROIC	Yahoo Yield
BDSI	1	1/29	3.28	79	61%	1295%	0.0%
PDLI	2	1/29	4.93	849	25%	310885%	19.8%
MAIL	3	1/29	6.98	68	28%	1128%	12.4%
ELNK	4	1/29	8.51	932	33%	602%	7.2%
UEPS	5	1/29	11.46	520	30%	632%	0.0%
GAME	6	1/29	5.92	1,687	20%	1033%	0.0%
CCME	7	1/29	20.86	802	21%	769%	0.0%
IPXL	8	1/29	23.39	1,531	38%	300%	0.0%
MRX	9	1/29	24.99	1,617	20%	893%	0.9%
ESI	10	1/29	65.51	2,032	29%	310%	0.0%
PRSC	11	1/29	14.24	189	20%	380%	0.0%
BPI	12	1/29	18.45	1,095	22%	338%	0.0%
TSRA	13	1/29	17.11	872	26%	248%	0.0%
AGX	14	1/29	9.00	123	18%	567%	0.0%
OSK	15	1/29	37.39	3,413	32%	206%	0.0%
SCEI	16	1/29	6.59	124	31%	206%	0.0%
APOL	17	1/29	41.02	6,016	26%	221%	0.0%
USMO	18	1/29	16.86	377	24%	219%	11.4%
HRB	19	1/29	12.50	3,835	19%	283%	4.6%
LO	20	1/29	74.65	11,312	15%	707%	5.7%
SOLR	21	1/29	10.88	1,641	15%	703%	0.0%
GPRC	22	1/29	3.01	60	23%	202%	0.0%
ARIA	23	1/29	6.31	699	14%	1228%	0.0%
UIS	24	1/29	27.65	1,197	24%	166%	0.0%
IDCC	25	1/29	47.29	2,109	14%	2691%	0.0%
STV	26	1/29	6.57	386	22%	182%	0.0%
PPD	27	1/29	60.26	595	18%	227%	0.0%
NEWN	28	1/29	6.57	83	24%	152%	0.0%
AMED	29	1/29	35.35	1,007	20%	186%	0.0%
TTT	30	1/29	7.49	241	43%	117%	30.0%
VPHM	31	1/29	16.50	1,486	16%	225%	0.0%
AFAM	32	1/29	34.81	325	18%	178%	0.0%
CNET	33	1/29	4.10	86	21%	142%	0.0%
SNDK	34	1/29	46.80	11,280	14%	298%	0.0%
DJCO	35	1/29	72.00	99	26%	117%	0.0%
GA	36	1/29	7.03	1,641	13%	476%	2.6%
DLX	37	1/29	24.24	1,244	15%	243%	3.9%
ASGR	38	1/29	16.83	150	16%	202%	1.4%
CRME	39	1/29	6.64	410	15%	207%	0.0%
CYOU	40	1/29	31.55	1,676	13%	352%	0.0%
CSKI	41	1/29	5.55	93	200%	89%	0.0%
CSGS	42	1/29	19.26	628	17%	139%	0.0%
LIWA	43	1/29	10.66	319	20%	117%	0.0%
CECO	44	1/29	22.62	1,806	22%	110%	0.0%
CNU	45	1/29	4.00	248	17%	133%	0.0%
CNXT	46	1/29	2.05	169	15%	184%	0.0%
CHKE	47	1/29	18.15	162	12%	625%	8.3%
MSFT	48	1/29	27.75	237,826	13%	338%	1.9%
DELL	49	1/29	13.15	25,629	15%	170%	0.0%
INSP	50	1/29	8.19	295	15%	157%	0.0%
CMTL	51	1/29	28.12	950	24%	97%	1.7%
DVOX	52	1/29	5.39	51	22%	106%	0.0%
RIGL	53	1/29	6.82	360	15%	156%	0.0%
ARO	54	1/29	24.34	2,262	20%	110%	0.0%
BAX	55	1/29	48.60	28,480	12%	490%	2.4%
CBP	56	1/29	1.82	73	39%	83%	0.0%
STRA	57	1/29	119.10	1,615	14%	202%	2.7%
AZN	58	1/29	48.26	69,784	19%	113%	5.0%
ZSTN	59	1/30	5.70	66	72%	80%	0.0%
LOV	60	1/29	3.04	63	12%	286%	0.0%
SUPG	61	1/29	3.02	182	13%	252%	0.0%
PETS	62	1/29	14.91	338	14%	197%	2.9%
RIMG	63	1/29	14.15	136	36%	80%	0.0%
NEP	64	1/29	5.32	167	48%	79%	0.0%
UNTD	65	1/29	7.08	616	13%	194%	5.4%
CEPH	66	1/29	58.33	4,653	20%	98%	0.0%
TER	67	1/29	16.23	3,571	14%	164%	0.0%
COCO	68	1/29	5.44	479	37%	78%	0.0%
LPS	69	1/29	31.75	2,943	14%	173%	1.3%
GME	70	1/29	20.98	3,216	19%	99%	0.0%
UTA	71	1/29	7.40	151	31%	79%	0.0%
AOL	72	1/29	23.82	2,556	22%	86%	0.0%
XNY	73	1/30	5.80	336	13%	183%	0.0%
TNDM	74	1/29	15.08	505	19%	93%	0.0%
MPAA	75	1/29	14.33	175	13%	198%	0.0%
MFW	76	1/29	23.96	467	14%	145%	0.0%
RTN	77	1/29	49.48	18,110	14%	148%	2.9%
RLRN	78	1/29	10.64	312	11%	486%	18.8%
EGY	79	1/29	7.14	408	23%	79%	0.0%
KLIC	80	1/29	9.41	670	26%	76%	0.0%
LHCG	81	1/29	27.56	502	16%	103%	0.0%
DGW	82	1/29	10.81	266	42%	71%	0.0%
EME	83	1/29	29.45	1,955	15%	120%	0.0%
LINC	84	1/29	15.19	380	29%	73%	1.6%
BSPM	85	1/29	2.51	69	36%	71%	0.0%
SNTS	86	1/29	3.14	184	10%	2044%	0.0%
MHP	87	1/29	38.27	11,837	11%	258%	2.4%
AHCI	88	1/29	2.49	109	20%	80%	0.0%
VECO	89	1/29	43.24	1,827	13%	130%	0.0%
RAI	90	1/29	31.81	18,609	11%	250%	5.7%
RIMM	91	1/29	60.15	31,543	15%	105%	0.0%
NATH	92	1/29	16.40	93	13%	129%	0.0%
MDP	93	1/29	33.29	1,528	13%	126%	2.7%
KIRK	94	1/29	13.48	277	23%	72%	0.0%
DV	95	1/29	51.69	3,661	14%	113%	0.4%
PWER	96	1/29	10.39	1,498	14%	106%	0.0%
SNDA	97	1/29	39.73	2,334	12%	164%	0.0%
MSPD	98	1/29	7.03	231	13%	118%	0.0%
SGU	99	1/29	5.44	368	13%	118%	5.4%
JCOM	100	1/29	26.89	1,235	10%	912%	0.0%
CBEH	101	1/29	6.04	262	27%	64%	0.0%
CRTX	102	1/29	5.80	151	10%	699%	0.0%
RGR	103	1/29	14.85	286	19%	75%	2.1%
INTC	104	1/29	21.46	122,279	16%	86%	2.9%
CPY	105	1/29	19.90	146	15%	88%	4.5%
CHOP	106	1/29	5.87	284	26%	64%	0.0%
NSR	107	1/29	26.99	2,052	11%	200%	0.0%
IVAC	108	1/29	12.98	297	20%	73%	0.0%
CPLA	109	1/29	57.20	961	11%	202%	0.0%
GNI	110	1/29	100.82	151	10%	541%	12.1%
CUB	111	1/29	48.57	1,299	11%	203%	0.4%
CBPO	112	1/29	16.21	431	15%	90%	0.0%
PWRD	113	1/29	22.69	1,198	15%	88%	0.0%
RST	114	1/29	19.04	390	11%	159%	0.0%
GD	115	1/29	74.13	28,236	14%	95%	2.2%
TPI	116	1/29	2.66	80	31%	58%	0.0%
IOSP	117	1/29	19.88	497	20%	66%	0.0%
UG	118	1/29	14.11	65	11%	177%	4.4%
PBH	119	1/29	11.13	558	11%	227%	0.0%
GLPW	120	1/29	23.32	382	12%	122%	0.0%
SCLN	121	1/29	3.92	193	15%	84%	0.0%
WSTG	122	1/29	12.13	55	14%	87%	5.0%
APAC	123	1/29	5.57	305	15%	85%	0.0%
CVVT	124	1/29	7.32	258	26%	58%	0.0%
HRS	125	1/29	46.36	5,878	15%	80%	2.0%
MANT	126	1/29	40.06	1,460	14%	92%	0.0%
FSYS	127	1/29	26.23	464	23%	61%	0.0%
PRM	128	1/29	5.15	229	11%	219%	5.3%
ENDP	129	1/29	33.53	3,909	11%	211%	0.0%
MD	130	1/29	66.28	3,147	10%	695%	0.0%
NUS	131	1/29	30.07	1,926	11%	167%	1.6%
BKE	132	1/29	35.59	1,670	13%	91%	2.2%
GFRE	133	1/29	9.48	329	25%	57%	0.0%
GPS	134	1/29	19.20	12,019	19%	66%	2.1%
CATO	135	1/29	24.23	702	18%	67%	2.9%
CHBT	136	1/29	14.93	364	18%	67%	0.0%
CELM	137	1/29	4.41	92	31%	55%	0.0%
SAI	138	1/29	16.40	5,904	14%	82%	0.0%
TOD	139	1/29	22.24	129	24%	57%	1.4%
GRMN	140	1/29	30.81	6,017	16%	73%	4.8%
NOK	141	1/29	10.57	39,246	11%	140%	5.3%
MA	142	1/29	234.87	30,768	10%	615%	0.3%
DM	143	1/29	13.60	412	10%	268%	0.0%
LXK	144	1/29	35.27	2,811	21%	59%	0.0%
LTXC	145	1/29	8.64	431	13%	91%	0.0%
LMT	146	1/29	78.20	28,129	13%	89%	3.3%
MEDQ	147	1/29	9.22	346	11%	187%	51.3%
V	148	1/29	69.46	50,775	10%	336%	0.7%
TRLG	149	1/29	20.22	501	19%	61%	0.0%
MSN	150	1/29	2.10	57	33%	53%	0.0%
HITK	151	1/29	22.95	299	20%	59%	0.0%
CLCT	152	1/29	13.82	107	10%	583%	8.5%
REV	153	1/29	9.85	515	11%	114%	0.0%
DRWI	154	1/29	7.19	260	15%	68%	0.0%
GMAN	155	1/29	14.61	273	13%	85%	0.0%
SPU	156	1/29	4.90	115	37%	50%	0.0%
EDS	157	1/29	8.18	228	45%	50%	0.0%
WDC	158	1/29	33.94	7,976	23%	53%	0.0%
DRCO	159	1/29	13.59	137	15%	69%	0.0%
CEL	160	1/29	31.32	3,110	13%	80%	11.1%
STX	161	1/29	13.80	6,708	21%	55%	0.0%
CA	162	1/29	23.38	11,830	10%	285%	0.7%
ROST	163	1/29	65.46	7,791	12%	91%	1.0%
AOSL	164	1/29	14.06	333	15%	64%	0.0%
SHOO	165	1/29	37.72	1,065	11%	105%	0.0%
VGR	166	1/29	16.01	1,198	10%	264%	9.7%
XRTX	167	1/30	13.15	417	38%	49%	0.0%
NTRI	168	1/29	18.86	519	11%	152%	3.6%
TWX	169	1/29	31.72	36,097	11%	120%	2.6%
NSM	170	1/29	14.81	3,625	13%	76%	2.4%
BIIB	171	1/29	65.08	15,770	12%	86%	0.0%
KLAC	172	1/29	43.69	7,406	12%	84%	1.2%
OIIM	173	1/29	6.60	221	21%	52%	0.0%
WWE	174	1/30	11.97	902	12%	86%	11.9%
MCK	175	1/29	74.15	19,427	11%	121%	0.9%
PTNR	176	1/29	20.04	3,121	12%	83%	21.8%
BR	177	1/29	22.76	2,950	11%	130%	2.5%
QKLS	178	1/29	3.32	128	16%	57%	0.0%
GCI	179	1/29	15.19	3,674	17%	55%	1.1%
PRX	180	1/29	35.50	1,267	13%	74%	0.0%
BKR	181	1/29	30.42	282	15%	58%	0.0%
GPX	182	1/29	9.77	183	11%	95%	0.0%
CRI	183	1/29	27.23	1,607	15%	60%	0.0%
USNA	184	1/29	38.70	629	11%	114%	0.0%
BLC	185	1/29	6.72	696	11%	93%	0.0%
GXDX	186	1/29	24.95	453	14%	66%	0.0%
KMB	187	1/29	64.73	26,591	9%	1674%	4.1%
WSTL	188	1/30	3.16	222	11%	113%	0.0%
TJX	189	1/29	47.71	19,229	12%	74%	1.2%
RSH	190	1/29	15.20	1,871	22%	49%	1.6%
CKXE	191	1/29	3.06	284	13%	72%	0.0%
ARRS	192	1/29	12.35	1,576	13%	70%	0.0%
VCI	193	1/29	30.43	1,582	11%	95%	0.0%
LRCX	194	1/29	49.63	6,193	15%	57%	0.0%
CSCO	195	1/29	20.93	118,778	10%	237%	0.0%
ABC	196	1/29	36.00	10,217	10%	152%	0.9%
HPQ	197	1/29	45.51	104,536	11%	95%	0.7%
WTW	198	1/30	38.65	2,910	9%	1205%	1.8%
AMGN	199	1/29	55.29	52,304	12%	79%	0.0%
WU	200	1/30	19.75	13,061	9%	689%	1.2%

MFI Index

Here is how the MFI Index is faring:

Index	Stock	Start	Last Week	Current	YTD Change	Weekly Change
1	ARO	24.64	25.40	24.34	-1.2%	-4.2%
2	AFAM	38.42	34.82	34.81	-9.4%	0.0%
3	AMED	33.50	31.38	35.35	5.5%	12.7%
4	APOL	39.49	42.35	41.02	3.9%	-3.1%
5	AGX	9.27	9.48	9.00	-2.9%	-5.1%
6	HRB	11.91	13.78	12.50	5.0%	-9.3%
7	CSGS	18.94	18.49	19.26	1.7%	4.2%
8	CRME	6.42	6.55	6.64	3.4%	1.4%
9	CECO	20.73	21.91	22.62	9.1%	3.2%
10	CHKE	18.81	18.14	18.15	-3.5%	0.1%
11	NEP	5.76	5.86	5.32	-7.6%	-9.2%
12	CMTL	27.76	27.03	28.37	2.2%	5.0%
13	CNXT	1.63	2.04	2.05	25.8%	0.5%
14	CNU	4.68	4.49	4.00	-14.5%	-10.9%
15	COCO	5.21	5.04	5.44	4.4%	7.9%
16	CRTX	5.79	5.85	5.80	0.2%	-0.9%
17	CBST	21.40	22.21	22.24	3.9%	0.1%
18	DELL	13.55	13.47	13.15	-3.0%	-2.4%
19	DLX	23.02	23.59	24.24	5.3%	2.8%
20	ELNK	8.60	8.63	8.51	-1.0%	-1.4%
21	FRX	31.98	31.66	31.99	0.0%	1.0%
22	SOLR	9.12	11.68	10.88	19.3%	-6.8%
23	GILD	36.24	38.19	38.21	5.4%	0.1%
24	IPXL	20.11	22.00	23.39	16.3%	6.3%
25	IDCC	41.64	46.98	47.29	13.6%	0.7%
26	LPS	29.52	32.25	31.75	7.6%	-1.6%
27	LINC	15.51	14.70	15.19	-2.1%	3.3%
28	LO	82.06	74.20	74.65	-9.0%	0.6%
29	MFW	23.10	21.44	23.96	3.7%	11.8%
30	MRX	26.79	25.15	24.99	-6.7%	-0.6%
31	MSFT	27.91	28.02	27.75	-0.6%	-1.0%
32	MPAA	13.04	14.84	14.33	9.9%	-3.4%
33	TNDM	14.44	15.45	15.08	4.4%	-2.4%
34	OSK	35.24	36.09	37.39	6.1%	3.6%
35	PDLI	6.23	4.87	4.93	-20.9%	1.2%
36	PWER	10.20	10.74	10.39	1.9%	-3.2%
37	PPD	60.25	60.32	60.26	0.0%	-0.1%
38	PRSC	16.07	16.01	14.24	-11.4%	-11.1%
39	RTN	46.34	52.53	49.86	7.6%	-5.1%
40	SNDK	49.86	49.97	46.80	-6.1%	-6.3%
41	SCEI	6.61	6.43	6.59	-0.3%	2.5%
42	SUPG	2.62	2.95	3.02	15.3%	2.4%
43	TNAV	7.28	7.33	8.95	22.9%	22.1%
44	TER	14.04	13.75	16.23	15.6%	18.0%
45	TSRA	22.15	21.26	17.11	-22.8%	-19.5%
46	USMO	17.77	17.04	16.86	-5.1%	-1.1%
47	UIS	25.89	27.10	27.65	6.8%	2.0%
48	UNTD	6.60	6.98	7.08	7.3%	1.4%
49	VECO	42.96	44.51	43.24	0.7%	-2.9%
50	VPHM	17.32	16.69	16.50	-4.7%	-1.1%
	Totals	11,867	12,117	12,109	2.0%	-0.07%

Here is the chart of the index since January 2010:


Mechanical Update

This mechanical portfolios continue to be extremely stagnant. On the top 30 and top 50 lists, there was not a single stock on either list that has not been there sometime in the past 52 weeks.

Monthly Tracking Portfolios

Every month I create a portfolio of 50 stocks over 100m and hold them hypothetically for a year. Here is how the portfolio of January 22nd 2010 fared:

Stock	Initial Price	End Price	Percent Change
QCOR	5.01	15.64	212.2%
GTLS	17.57	35.73	103.4%
IDCC	25.15	47.29	88.0%
SOLR	6.10	10.88	78.4%
USMO	9.55	16.86	76.5%
ENDP	20.22	33.53	65.8%
EXBD	23.58	38.99	65.4%
DLX	15.11	24.24	60.4%
CBI	21.56	32.61	51.3%
FLR	45.92	68.33	48.8%
CBPO	11.04	16.21	46.8%
PPD	41.21	60.26	46.2%
VCLK	9.63	13.75	42.8%
CF	95.71	133.98	40.0%
RGR	10.70	14.85	38.8%
WTW	28.20	38.65	37.1%
JCOM	19.70	26.89	36.5%
GNI	75.95	100.82	32.7%
RAI	24.87	31.81	27.9%
GHM	17.90	22.48	25.6%
VGR	13.11	16.01	22.1%
EME	24.55	29.45	20.0%
CHKE	15.36	18.15	18.2%
NSR	22.93	26.99	17.7%
FWLT	31.02	36.06	16.2%
ttt	13.47	15.44	14.6%
ELNK	7.59	8.51	12.1%
SNTA	4.42	4.90	10.9%
UNTD	6.44	7.08	9.9%
FIX	11.86	12.75	7.5%
ARO	22.72	24.34	7.1%
PRGX	5.76	6.13	6.4%
GME	20.03	20.98	4.7%
PRIM	8.04	8.31	3.4%
LO	74.42	74.65	0.3%
PDLI	5.10	4.93	-3.3%
RTN	51.41	49.48	-3.8%
TSRA	18.13	17.11	-5.6%
EPAX	11.76	10.96	-6.8%
SAI	18.41	16.40	-10.9%
IMMU	4.34	3.26	-24.9%
UTA	10.25	7.40	-27.8%
VALV	7.51	5.40	-28.1%
APOL	61.19	41.02	-33.0%
CYTK	3.01	1.90	-36.9%
UEPS	18.30	11.46	-37.4%
ONTY	5.13	3.08	-40.0%
XOMA	0.42	0.19	-54.8%
CEU	6.20	2.27	-63.4%
CSKI	18.77	5.55	-70.4%
Overall			19.0%
Russell 3000			20.6%

Here is a listing of every portfolio since January 2006:

Average of Percent Change
Date	Total	IWV
1/6/2006	16.0%	10.9%
2/17/2006	21.2%	14.6%
3/29/2006	13.0%	9.6%
4/7/2006	10.3%	12.1%
5/12/2006	20.4%	18.6%
5/31/2006	29.2%	23.3%
6/30/2006	22.4%	20.0%
7/31/2006	19.7%	17.3%
8/31/2006	13.0%	13.3%
9/28/2006	12.7%	14.6%
10/27/2006	10.3%	12.0%
11/29/2006	-0.3%	4.8%
12/28/2006	-6.9%	3.4%
1/26/2007	-10.2%	-6.6%
2/27/2007	-3.7%	-1.0%
3/26/2007	-9.8%	-5.5%
4/27/2007	-10.9%	-5.0%
5/29/2007	-11.5%	-6.3%
7/3/2007	-30.0%	-15.6%
7/30/2007	-19.9%	-11.5%
8/30/2007	-12.5%	-8.7%
9/27/2007	-19.0%	-18.2%
11/2/2007	-40.4%	-34.3%
11/28/2007	-40.1%	-38.3%
12/28/2007	-36.3%	-40.0%
1/25/2008	-36.4%	-35.9%
2/26/2008	-51.7%	-41.5%
3/24/2008	-40.9%	-36.8%
4/25/2008	-25.6%	-31.0%
5/28/2008	-22.2%	-33.6%
7/2/2008	-11.7%	-25.3%
7/29/2008	-10.5%	-20.9%
8/29/2008	-13.8%	-17.9%
9/26/2008	-4.3%	-10.0%
10/31/2008	18.7%	13.9%
11/26/2008	50.9%	27.7%
12/26/2008	48.9%	32.3%
1/23/2009	59.3%	36.4%
2/27/2009	92.8%	55.6%
3/27/2009	85.8%	48.1%
4/24/2009	69.7%	45.8%
5/29/2009	31.8%	22.8%
6/29/2009	21.3%	24.0%
7/29/2009	19.5%	15.9%
8/28/2009	7.4%	8.8%
9/25/2009	12.6%	12.4%
10/30/2009	22.7%	18.3%
11/27/2009	24.3%	13.6%
12/31/2009	23.7%	18.1%
1/22/2010	19.0%	20.6%
2/26/2010	14.3%	18.9%
3/25/2010	3.6%	12.1%
4/23/2010	-1.6%	6.7%
5/28/2010	13.1%	18.7%
6/29/2010	19.8%	24.7%
7/29/2010	11.9%	17.9%
9/2/2010	20.8%	18.9%
9/24/2010	13.3%	12.7%
10/29/2010	10.2%	8.7%
11/26/2010	7.4%	7.6%
1/3/2011	1.3%	0.2%
Grand Total	7.1%	4.9%
Closed	6.6%	2.9%
Open	10.4%	13.4%

Here is how you would have fared putting $100,000 in evenly over the first 12 months of 2006 (note I have three approaches, all stocks, "new" stocks to my tracking portfolio in past 12 months and stocks with a yield greater than 2.5%):

Total	118,889
Total New	116,768
Total Dividend	201,131
Total Russell 3K	111,433

High Yield Stocks this Month

Date	Stock	Initial Price	Yield
1/28/2011	CHKE	18.15	8.4%
1/28/2011	DLX	24.24	4.1%
1/28/2011	ELNK	8.51	7.3%
1/28/2011	HRB	12.5	4.8%
1/28/2011	LO	74.65	5.7%
1/28/2011	PDLI	4.93	20.3%
1/28/2011	PETS	14.91	3.0%
1/28/2011	RTN	49.48	3.0%
1/28/2011	STRA	119.1	2.7%
1/28/2011	UNTD	7.08	5.6%
1/28/2011	USMO	16.86	11.9%
1/28/2011	VALU	12.99	3.1%

New Stocks this Month

Date	Stock	Initial Price	Mkt Cap	New
1/28/2011	STRA	119.10	1,631	1
1/28/2011	RIGL	6.82	363	1
1/28/2011	AOL	23.82	2,579	1