I made my first purchases of 2014. Actually, my first purchases since December 11th (when I bought ATHM, which then shot up 21%). Hopefully these will be as successful, though they are admittedly more boring.
I bought SIRI at 3.73. Liberty Media has made a bid on them, and I am betting that the bid will need to be bumped up (Why Malone Must Raise His Sirius Bid).
Then I bought two tranches of KLIC at 12.14 and 11.88. These increased my holdings by a bit more than 25% and makes KLIC my #3 holding, behind GTAT and GNW. KLIC was off 7% today on no news that I saw. As readers may recall, I think this is an 18 dollar stock in next year or two.
Terrible Day
My overall portfolio was down right at 2% today, hurt by GTAT, KLIC and SBS. It was my worst day since November 7th. I guess the stock market gods were displeased that I mentioned how non volatile my portfolio has been in 2014!
Posts
No comments:
Post a Comment