Weekend Update

Weekend Update

They said this was the best week since around Thanksgiving. But it sure didn't feel that way for me. I was down a nose over 3% as being over-weight in the Chinese stocks (also CHKE got hammered) was not favorable (nor has it been favorable since November). I am holding them the recommended year and by all measures they are tremendously cheap.

Here are my current holdings and how they are doing. You may notice a new stock I added this week (MNDO).

Symbol	Initial	Current	Pct Gain	IWV Initial	IWV Change
ARO	$24.53	$24.41	-0.5%	$76.90	1.5%
AZN	$47.27	$47.30	4.0%	$75.92	2.8%
CCME	$9.94	$12.21	22.8%	$67.23	16.1%
CEL	$26.22	$30.49	23.7%	$63.45	23.0%
CHKE	$18.18	$16.40	-4.5%	$63.68	22.6%
CMFO	$5.08	$3.59	-29.4%	$65.01	20.1%
CMTL	$26.63	$27.76	5.5%	$70.38	10.9%
EESC	$2.20	$1.60	-27.3%	$67.97	14.8%
IDCC	$47.41	$49.76	5.0%	$76.90	1.5%
INTC	$19.02	$21.50	13.9%	$67.43	15.8%
JGBO	$6.82	$5.52	-19.1%	$71.80	8.7%
KSW	$3.66	$3.76	6.8%	$66.99	16.5%
MNDO	$2.72	$2.74	0.7%	$76.90	1.5%
MSFT	$27.26	$27.73	1.7%	$73.88	5.7%
NEP	$7.10	$5.30	-25.4%	$71.78	8.7%
NEWN	$6.31	$6.08	-3.6%	$71.54	9.1%
NVMI	$5.94	$9.42	58.7%	$70.01	11.5%
PM	$44.30	$58.25	35.7%	$64.43	21.2%
RAI	$32.14	$31.84	-0.9%	$76.11	2.6%
SCEI	$8.75	$6.72	-23.2%	$72.41	7.8%
SNDK	$38.28	$47.12	23.1%	$69.89	11.7%
SUPG	$2.85	$3.10	8.6%	$76.70	1.8%
UNTD	$5.90	$7.08	23.2%	$63.53	22.9%
Grand Total			6.7%		11.7%

The observant reader will note that my open stocks have fallen behind the benchmark for the first time in quite a while. As I said, it wasn't a great week... for me. We'll see what happens over the next two weeks, many of my stocks will be announcing earnings before the end of February.

Ed's Talking Stock Update

Whenever I have a little pity party for not having a good week (though I will note that I was actually up 1.2% for all my stocks, only MFI was the laggard), I know that I have a little company (which misery loves). Poor Ed of Ed's Talking Stock continues to get crushed. He moved last week almost his entire portfolio into triple bear ETFs. When you make a move like that, you either need to be sure that you are right or else be using it as a hedge against other moves. I had him down about 4.4% on the week. My Spiffy 50 portfolio (set up December 3rd) continues to win handily in my own semi-private contest:

stock	Initial	Shares	Current	Daily Change	Y-day	Current Value	Total Change
afam	35.17	56.87	34.68	0.29%	1,966	1,972	-1.39%
agx	8.43	237.25	9.40	0.43%	2,221	2,230	11.51%
amed	28.49	70.20	34.45	-1.09%	2,445	2,418	20.92%
apol	35.35	56.58	42.14	-0.61%	2,399	2,384	19.21%
azn	47.99	41.68	47.56	-0.79%	1,998	1,982	2.96%
cbst	21.20	94.34	22.03	-1.21%	2,104	2,078	3.92%
ccme	15.87	126.02	13.89	25.25%	1,398	1,750	-12.48%
ceu	3.44	581.40	2.18	-1.80%	1,291	1,267	-36.63%
chke	19.81	100.96	16.62	0.61%	1,668	1,678	-16.10%
cmtl	30.70	65.15	27.90	0.72%	1,805	1,818	-8.31%
cnxt	1.43	1,398.60	2.08	0.24%	2,902	2,909	45.45%
coco	4.24	471.70	4.82	-5.30%	2,401	2,274	13.68%
csgs	19.02	105.15	20.17	0.70%	2,106	2,121	6.05%
dell	13.65	146.52	13.89	0.65%	2,022	2,035	1.76%
dlx	22.02	90.83	25.52	-0.47%	2,329	2,318	15.89%
eesc.ob	1.90	1,052.63	1.60	0.00%	1,684	1,684	-15.79%
eme	28.02	71.38	31.79	-0.22%	2,274	2,269	13.45%
frx	32.24	62.03	33.25	0.45%	2,053	2,063	3.13%
gme	21.15	94.56	20.05	2.82%	1,844	1,896	-5.20%
hrb	13.37	149.59	12.82	0.55%	1,907	1,918	-2.99%
idcc	34.71	57.62	50.81	3.27%	2,835	2,928	46.38%
ipxl	18.29	109.35	23.86	0.97%	2,584	2,609	30.45%
ksw	3.43	583.09	3.80	-1.30%	2,245	2,216	12.83%
lnc	25.12	79.62	30.90	3.14%	2,385	2,460	23.21%
lo	81.74	24.47	75.00	0.21%	1,831	1,835	-8.25%
lps	31.13	64.25	31.01	-2.48%	2,043	1,992	-0.06%
mail	6.84	292.40	7.01	-1.27%	2,076	2,050	2.49%
mpaa	11.68	171.23	14.53	-0.55%	2,502	2,488	24.40%
mrx	26.88	74.40	28.00	4.79%	1,988	2,083	4.39%
msft	26.89	74.38	27.77	0.43%	2,057	2,065	3.27%
navg	50.17	39.86	49.30	-0.70%	1,979	1,965	-1.73%
nvmi	7.42	269.54	9.76	4.27%	2,523	2,631	31.54%
osk	30.50	65.57	38.27	2.44%	2,450	2,510	25.48%
ppd	65.17	30.69	66.00	-0.08%	2,027	2,025	1.27%
prsc	17.48	114.42	15.36	5.64%	1,664	1,757	-12.13%
pwer	10.40	192.31	9.26	-21.19%	2,260	1,781	-10.96%
rtn	48.33	41.38	50.20	0.58%	2,065	2,077	4.65%
scei	6.76	295.86	6.70	-0.30%	1,988	1,982	-0.89%
sndk	48.00	41.67	48.03	0.91%	1,983	2,001	0.06%
solr	7.87	254.13	11.10	-3.50%	2,922	2,820	41.01%
supg	2.60	769.23	3.07	-1.92%	2,408	2,362	18.08%
ter	12.43	160.90	17.79	2.48%	2,793	2,862	43.12%
tnav	6.86	291.55	10.16	4.21%	2,842	2,962	48.10%
tndm	14.71	135.96	15.40	-0.77%	2,110	2,094	4.69%
tsra	19.93	100.35	17.83	0.11%	1,787	1,789	-10.54%
uis	24.27	82.41	36.50	2.53%	2,934	3,008	50.39%
untd	6.86	291.55	7.01	-1.41%	2,073	2,044	2.19%
usb	24.76	80.78	27.42	-0.18%	2,219	2,215	10.95%
veco	45.07	44.38	44.57	1.16%	1,955	1,978	-1.11%
vr	29.59	67.59	30.43	0.60%	2,045	2,057	3.58%
Totals			-	0.30%	108,389	108,712	8.92%
Ed	starting 12/3/10						-8.14%
MFI Index							9.70%
Russell 3000							6.54%

Transactions

I did buy a new stock the other day as I am still 4% in cash (after the purchase). I bought a newcomer to the screen, MNDO. It just came on the screen and it a small company with a $50m market cap. They actually pay a dividend (which loyal readers know is something I have been looking at closely). They are an Israeli company, and frankly (for whatever reason) I have had great success with Israeli companies (SNDK, NVMI, CEL and MAIL of late). MGIC was another Israeli company that I kicked myself many times for not buying. So I jumped on with MNDO at $2.72.

The Power of Love

Thank goodness I did not buy PWER a couple weeks ago as I said I was considering. There was a good reason that 45% of the shares were shorted as they went down 21% Friday post earnings (Power-One Is Dead Money: Analysts). Perhaps a buying opportunity down the road?