PORTFOLIO UPDATE: HAMMERTIME
During the trading day, I tweeted the following:
The research report for MITL can be found here.
This is a small position, meaning that it constitutes less than 10% of the portfolios.
In addition to MITL I have been accumulating a small position in nano-cap penny stock with a market cap under $25 million. It hardly has any volume during the trading day, with some days finishing at not a single share traded at all. For that reason, I won't be publishing a research report on the stock. It is simply too illiquid.
I will, however, be posting the symbol in my January month end summary to investors in order to stick to the record of transparency I have established on this website.
With these new additions the portfolios are right above the 85% net long mark. The remainder sits in cash, for the time being.
Current positions: WMIH, SPNS, MITL, PRXI and UPIP.
