Friday, August 21, 2009

160% Gain!

Dear Diary,

I just sold out my MNTX position for $1.95 a share, based on Working Capital of $1.97 a share. This represents a 160% gain over a holding period of just under four (4) months.

I reinvested the proceeds into ETFC at $1.43 a share, bringing down my average purchase price from $2.45 a share to $1.64 a share. This position is to be sold at Working Capital of $19.48 a share. All trades do not include minimal brokerage fees.

My overall investment activities are down only 1% since the crash of 2008-09 with multiple prospects for 100% gains or better in the coming months.

Gene

Monday, August 10, 2009

Buying Buckle, Inc.

Dear Diary,

I just sold out my minor CTDB position at $0.061 a share (buy was $0.135) and my HLYS position at $2.05 (buy was $2.16) in order to take a substantial position in Buckle, Inc., a pure Holy Grail.

BKE has a projected p/e ratio of 10, and so I bought at $27.23 with a widening Net Profit Margin.

All trades do not include a minimal brokerage fee.

My overall investment activities are now down only 3% from my original investments began before the crash of 2008-09.

Gene