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October, 2009: 1 10 29
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
10/1/09-Since the last entry, another Classic Value (CV) pick, COP, purchased on 9/29/08, has been held over a year. It will be sold at the early market price tomorrow, Friday, 10/2/09. It will then be removed from the CV open positions portfolio, and its closed position info recorded, based on the 9/29/08 to 10/2/09 per share performance. Through the close of trading on 10/1/09, after subtracting a commission (while not counting any dividends), COP had been down 38.00% in the past 12(+) months.
My top-five current low price to book value stocks are: FRD; LAKE; NSTC; SLI; and VII.
My favorite among them is Vicon Industries, Inc. (VII) (recent price $5.81). It meets Benjamin Graham's bargain stock safety and value criteria.
Vicon Industries, Inc. will be added to our nest egg at its market price early tomorrow, 10/2/09.
10/10/09-Since the last entry, there have been no new hypothetical or actual portfolio sales, assets held for a year or more, or stocks otherwise ready for sale. So, no new redemptions are indicated in the portfolios being followed here.
My top-five current low price to book value stocks are: AETI; CBR; FRD; TEAM; and TSC.
My favorite among them is Ciber, Inc. (CBR) (recent price $3.97). It meets Benjamin Graham's bargain stock safety and value criteria.
Ciber, Inc. will be added to our nest egg at its market price early Monday, 10/12/09.
10/29/09-Since the last entry, another Classic Value (CV) pick, CDI, purchased on 10/17/08, has been held over a year. It will be sold at the market price a little later this morning. It will then be removed from the CV open positions portfolio, and its closed position info recorded, based on the 10/17/08 to 10/29/09 per share performance. Through 10:15 AM (central time) today, after subtracting a commission (while not counting any dividends), CDI had been down 14.97% in the past 12(+) months.
Also since the last entry, another Classic Value (CV) pick, PTEN, purchased on 10/27/08, has been held over a year. It will be sold at the market price a little later this morning. It will then be removed from the CV open positions portfolio, and its closed position info recorded, based on the 10/27/08 to 10/29/09 per share performance. Through 10:15 AM (central time) today, after subtracting a commission (while not counting any dividends), PTEN had been up 55.92% in the past 12(+) months.
My top-five current low price to book value stocks are: ASYS; CBR; CRDN; PDS; and TSC.
My favorite among them is Precision Drilling Trust Units (PDS) (recent price $6.77). It meets Benjamin Graham's bargain stock safety and value criteria.
Precision Drilling Trust Units will be added to our nest egg at its market price a little later this morning, 10/29/09.
Disclaimer and Disclosure Statement
Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.