Sold ROX

Dear Diary,

The best presentation I had for ROX in "Value Line" was that ROX had Working Capital of $1.19 a share in 2007. This past week, the new "Value Line" listed it to have $0.16 a share for 2008, so I' sold out at $0.2233 a share just now, a razor thin profit from the $0.22 a share original purchase price.

Conclusions: 1) Buying at a 70% discount to Working Capital protects the investor from loss. 2) The investor should stay away from stocks that do not have current information, it seems.

Gene

Sold JAVA

Dear Diary,

I just sold out my JAVA Cash on Sale Arbitrage position to get some cash for personal expenses. The sale price was $9.21 a share, a slight profit from my buy price and only $0.29 a share below the expected closing price on August 6, 2009.

Gene

Updated Activity

Dear Diary,

I sold shares of JAVA for $9.19 a share on June 24, 2009, a 2% gain in a Cash on Sale Arbitrage over a 15 day holding period. While I continue to hold half the position, I needed some cash to live on.

Today, I sold half my GE position for $11.69 a share, a 64% gain from the $7.18 average purchase price at a 70% discount to Net Quick Assets back in the March time frame.

I took the proceeds of GE and reinvested them into BARE, a near Holy Grail situation that only lacks Zero Long term Debt and the ratio of $2 in Total Assets to $1 Shareholder Equity.

Gene