Category: Uncategorized

Portfolio pruning

There are few stocks that I haven’t blogged about in a while. These aren’t big positions for me and they don’t interest me much now. They aren’t conviction picks for me now, just stocks I bought a few years ago and I had mostly held onto1 since then. I went through my accounts late Wednesday [...]

A good day to have some puts and short positions

Back on January 19th, when the Dow closed above 10,700, I posted this on the Short Screen message boards,
Had limit orders in for puts on two companies I found on Short Screen’s screener. One idea behind my Short Screen put basket is that when the market corrects, I expect financially-distressed stocks will fall further [...]

Preliminary profit advice from AYSI

The company announced today that it expected its pretax profit for its fiscal first quarter 2010 (which corresponds to the fourth calendar quarter of 2009) to be about $2.24 million (or about 12.9 cents per share). Looks like this could be about 8 cents in after tax profits for the quarter.

Alloy Steel news

There has been some caterwauling lately about the relative paucity of press releases by Alloy Steel International (OTC BB: AYSI.OB) on the stock’s Yahoo and Investor Hub message boards. Some of this caterwauling seems to have been emanating from disgruntled former shareholders who dumped the stock after the company’s 10-k , which featured lower-than-expected Q4 [...]

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