Dec 3 2009

WVVI is a nice addition to my portfolio

During the last week, I have been able to open a new position in a stock that I have blogged about in the past.  Over the past few years, I have become very familiar with the price action of the illiquid micro cap stock Williamette Valley Vineyard Inc. (WVVI). 
As my cash balance has been increasing in my portfolio, [...]

Nov 22 2009

EZPW Price Target at $16.91 with some upside

As I continue to hold EZPW in my portfolio with positive alpha, I want to set a price target for the stock to help me identify when the position should be closed.  Using the value scorecard as a start, I use a discounted cash flow (DCF) analysis with sensitivity charts to help set my price [...]

Nov 5 2009

Protective Put on EZPW before earnings call

Going into the 4th Quarter earnings call for my recent investment of EZPW,  I decided to purchase a few out of the money put options representing a protective put position. I decided to purchase 6 put options of November 12.50 right before the earnings call for 0.15/share.  The resulting purchase cost me $100.95 which includes commission costs.
Coincidentally, EZPW [...]

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Oct 22 2009

EZCORP Inc., a value play at your local pawn shop

As my portfolio is 100% cash from the recent trade of the BARE Covered Call, I was on the hunt for the next investment.  I was able to uncover this next hidden gem by running my value scorecard screen, to find out this stock passes the majority of my value stock metrics.
EZCORP Inc. (EZPW) acquires, establishes, [...]

Oct 17 2009

Bare Escentuals, Inc Covered Call Results

In bowling it is called a turkey, that is right I have beat the S&P 500 3 times in a row through my trades.  The most recent strike that I bowled was the Covered Call trade on Bare Escentuals, initiated back on Sept 23rd, 2009.
The October 16th expiration date has come and passed on this strategy [...]

Sep 24 2009

Bare Escentuals, Inc Covered Call

On my way of finding the next equity to invest in for my portfolio, it was very difficult to find any candidates that meet many of my value requirements for a long term investment.  But with the screening and initial analysis that I completed, I was able to come across a great small to mid [...]

Sep 21 2009

WVVI Position Closed @ $3.99 per share

That makes my first two real money trades creating positive alpha as my limit order on WVVI was executed today.  If you recall, here is the post I published when I initiated this investment.  Let’s see how long I can keep this streak alive…on the search for the next investment, any ideas would be greatly [...]

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