Category Archives: Live Trades

Live Trades

ERUS & ENOR

Sold 72 shares of ERUS @ $31.61

Sold 57 shares of ENOR @ $27.64

I am going to replace it with positions in new companies that I have analyzed and understand.

This leaves my only international index as Singapore EWS.

Goodbye, cruel world. 🙂

PLEASE NOTE: The information provided on this site is not financial advice and it is for informational and discussion purposes only. Do your own homework. Full disclosure: my current holdings.  Read the full disclaimer.

Live Trades

TUR, EPOL, EIS, EWZ

I’m out. Turkey’s meltdown convinced me that I shouldn’t venture into things I don’t understand – like cigar butt international indexes.

Also dumping Poland and Israel. Israel has a close trading relationship with Turkey. I want minimal exposure to Europe, as the crisis looks likely to spread. I will probably sell Norway next month when I do the rebalance. I am also ditching Brazil. This will give me enough cash to buy at least 2 positions.

I know, I know. The US is overvalued. Home country bias. But, at least with a US company, I can wrap my head around it and hold through a tough time.

EPOL @ $23.1752

TUR @ $19.3653

EIS @ $53.5101

EWZ @ $33.7746

I’m going to replace it with actual companies that I understand.

PLEASE NOTE: The information provided on this site is not financial advice and it is for informational and discussion purposes only. Do your own homework. Full disclosure: my current holdings.  Read the full disclaimer.

Live Trades, Portfolio Commentary

PCOA (Pendrell)

5 Comments

I was paid out for my lone share of Pendrell @ $689.19, which I bought in December because it was trading at net cash. This isn’t a “trade” as much as it is a portfolio event. There was a reverse stock split and tiny shareholders like me were paid out in cash.

This brings my cash balance up to $1,093.81. I am not sure how I am going to deploy it. I may rebalance my country indexes around 9/30 (they were mostly purchased in October 2017) and include this cash in the new positions that I purchase with those proceeds instead of buying something right now. I’ll also have owned Foot Locker for a year on 9/25 (a position that has been very good to me) and may sell that.

This would get me on a cycle of quarterly activity with a big rebalance in December (the blog started in December 2016, when I purchased the original 20 positions). My intention is to hold positions for at least a year unless they increase significantly or the fundamentals deteriorate.

I’m itching to sell Turkey. I clearly made a mistake with that one and should probably adhere to stricter quality criteria for international indexes.

PLEASE NOTE: The information provided on this site is not financial advice and it is for informational and discussion purposes only. Do your own homework. Full disclosure: my current holdings.  Read the full disclaimer.