WHAT’S YOUR FAVORITE POSITION?
I received an email in response to my post last night asking what long positions I was talking about in the last paragraph of the posting?
I tend to focus on small-cap names in my own portfolio and the more aggressive portfolios that I manage. Since a lot of these names lack real liquidity, I like to stay away from disclosing trades in the names. I'd much rather settle on a simple review of a company as I have done several times since the beginning of this year.
Here are the names I have reviewed over the past couple of months. I have positions of varying sizes in all of these stocks:
- January 16th: PRGS reviewed at $18.68 per share. Here is the link to the review http://www.zenpenny.com/?p=3394
- January 18th: PTGI reviewed at $12.38 per share. Here is the link to the review http://www.zenpenny.com/?p=3412
- January 18th: GSIG reviewed at $11.02 per share. Here is the link to the review http://www.zenpenny.com/?p=3412
- January 29th: SPRT reviewed at $2.70 per share. Here is the link to the review http://www.zenpenny.com/?p=3451
- February 15th: NYX reviewed at $29.17 per share. Here is the link to the review http://www.zenpenny.com/?p=3580
NYX is a position I have added to conservative accounts. BAC is another position that I have added to conservative accounts over the past couple of weeks, although I haven't done a formal review of the name. NYX and BAC are both names with 5 year + time horizons.
The small-cap names mentioned above have time horizons of anywhere between 6-12 months. Given my opinion of where the market is currently, I probably won't be taking on any new long positions unless I see the opportunity as being tremendous. Those types of tremendous opportunities do come along, which is why I perform a scan each night to see what is potentially out there.
As always, if I have anything new to share, it will be on here as soon as my fingers can catch up to my brain.
