Pretty funny, I restarted my mfi portfolio on August 15th. I am just about to wrap up my first quarter of my first tranche next week. I took a look today, I am up $43! That is before transaction expenses, which would knock off $40... So I am up three bucks. Ha, ha.
All my gains are in NSU. The other four stocks are down. Dolby took a serious turn down today, with poor guidance. They look to be flat in 2013, with projected revenues about the same as 2012. That seems conservative as they are saying that they are making more on mobile devices than they expected. S perhaps potential upside. They are now sitting on almost eight hundred million of cash and st investements. Looks like they grew book value per share by about ten percent in 2012. In today's world, I guess that is decent.
Next week I plan to buy my second tranche of shares for my mfi portfolio. I have a list of about ten stocks I am considering. As the days pass by, my list is becoming more and more defensive.
Ad while I was laughing at the $3 gain in first ninety days of my August tranche, I will note the benchmark was down 1% in the same stretch. S a least I am "winning".
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