J Stock Report

12 month evaluation (quarter #4) YEAR 1 IS COMPLETE!

2008-08-05T19:14:00.002-04:00

While the market took an obvious turn for the worst for people with long positions, we solidly outperformed the market and were able to eek out a gain for the quarter. Although generally we would consider this a success, it is clear that our performance was hampered by poor decisions and could have been far better. We look to improve greatly after finishing up this first great year!

Note to new parties: This is all starting from $100,000 and the S&P at 1455.11 on day one. You can see all of our trades on the excel spreadsheet on the model portfolio page.

Since inception GAIN/LOSS:

J Stock Portfolio: +39.78%
S & P 500: -11.70%

Quarter#4 (May 01, 2008 - August 05, 2008 )
J Stock Portfolio: Started $136430.50 / Ended $139775.50 | GAIN/LOSS: +2.45%
S & P 500: Started 1409.34 / Ended 1409.34 | GAIN/LOSS: -8.83%

Quarter#3 (February 02, 2008 - May 01, 2008)
J Stock Portfolio: Started $119,970.00 / Ended $136430.50 | GAIN/LOSS: +13.75%
S & P 500: Started 1395.42 / Ended 1409.34 | GAIN/LOSS: +1%

Quarter#2 (November 01, 2007- February 02, 2008)
J Stock Portfolio: Started $137,170.00 / Ended $119,970.00 | GAIN/LOSS: -12.54%
S & P 500: Started 1549.38 / Ended 1395.42 | GAIN/LOSS: -9.94%

Quarter#1 (August 08, 2007 - October 31, 2007)
J Stock Portfolio: Started $100,000.00 / Ended $137,107.00 | GAIN/LOSS: +37.11%
S & P 500: Started 1455.11 / Ended 1549.38 | GAIN/LOSS: +6.48%

Bought Sigma Designs (NASDAQ: SIGM) stock in the Portfolio

2008-06-05T10:33:00.001-04:00

Bought Sigma Designs (NASDAQ: SIGM) stock. 1200 shares @$18.32 were bought in the [model portfolio]. Chart is seeming to find a bottom and is ready to bounce. This stock has a great history of large percentage rebounds.

Sold CVR Energy ( NYSE: CVI ) stock in the portfolio

2008-06-03T09:50:00.001-04:00

Sold CVR Energy ( NYSE: CVI ) stock. 900 shares @28.53 were sold in the [model portfolio]. Taking profits on this one as oil refiners put in one heck of a multi day run.

Bought VanceInfo Technologies Inc. (NYSE: VIT) stock in the Portfolio

2008-05-19T11:21:00.002-04:00

Bought VanceInfo Technologies Inc.(NYSE: VIT) stock. 1500 shares @$12.35 were bought in the [model portfolio]. We waited for the pullback and got it, looking for another leg up on this buy.

Sold Genoptix, Inc. (NASDAQ: GXDX) stock in the portfolio

2008-05-19T11:16:00.003-04:00

Sold Genoptix, Inc. (NASDAQ: GXDX) stock. 1200 shares @31.00 were sold in the [model portfolio]. Taking profits on this one as it is appearing to be rolling over for a pullback.

Bought Synchronoss Technologies (NASDAQ: SNCR) stock in the portfolio

2008-05-16T10:39:00.003-04:00

Bought Synchronoss Technologies (NASDAQ: SNCR) stock. 850 shares @12.03 were bought in the [model portfolio]. While earnings were bad on this one , it has since dropped 50%+ and they announced a stock buyback on that same day. This is a highly risky speculative play but the panic appears to be out of this stock.

Bought Sepracor (NASDAQ: SEPR) stock in the Portfolio

2008-05-16T10:32:00.001-04:00

Bought Sepracor (NASDAQ: SEPR) stock. 1000 shares @20.08 were bought in the [model portfolio]. An attractive chart (potential bottom) and a new CEO makes this one seem like a decent entry point.

Sold VanceInfo Technologies (NYSE: VIT) stock in the Portfolio

2008-05-16T10:16:00.001-04:00

Sold VanceInfo Technologies (NYSE: VIT) stock. 1200 shares @13.15 were sold in the [model portfolio]. Got a nice quick move on this one, taking the profits and waching for a dip for possible reentry.

Sold Echelon Corporation (NASDAQ: ELON) stock in the Portfolio

2008-05-16T10:11:00.000-04:00

Sold Echelon Corporation (NASDAQ: ELON) stock. 750 shares @13.83 were sold in the [model portfolio].

Bought VanceInfo Technologies Inc. (NYSE: VIT) stock in the Portfolio

2008-05-12T15:09:00.001-04:00

Bought VanceInfo Technologies Inc.(NYSE: VIT) stock. 1200 shares @11.02 were bought in the [model portfolio]. After recent solid earnings / outlook this one looks poised to move higher based on large volume move.

Sold Lumber Liquidators (NYSE: LL) in the Portfolio

2008-05-12T09:47:00.002-04:00

Sold Lumber Liquidators (NYSE: LL). 1000 shares @15.80 were sold in the [model portfolio]. We got our 15 target and a few extra. We continue to like the name and may purchase on a pullback.

Bought Sadia S.A.(NYSE: SDA) stock in the Portfolio

2008-05-05T12:40:00.002-04:00

Bought Sadia S.A.(NYSE: SDA) stock. 1000 shares @23.05 were bought in the [model portfolio]. This play is 4 fold; as a daily chart breakout, a value play with a ridiculously low p/e, a play on the worldwide food shortage and a play on the S&P upgrade of Brazil to investment grade.

9 month evaluation (quarter 3)

2008-05-01T19:12:00.003-04:00

As you can see we have moved to a quarterly evaluation method as opposed to monthly. Just to make all things equal we have gone back and run the numbers and divided every month since our inception into quarters as well. Remember this is all starting from $100,000 and the S&P at 1455.11 on day one. You can see all of our trades on the excel spreadsheet on the model portfolio page.

Since inception GAIN/LOSS:

J Stock Portfolio: +36.43%
S & P 500: -3.15%

Quarter#3 (February 02, 2008 - May 01, 2008)
J Stock Portfolio: Started $119,970.00 / Ended $136430.50 | GAIN/LOSS: +13.75%
S & P 500: Started 1395.42 / Ended 1409.34 | GAIN/LOSS: +1%

Quarter#2 (November 01, 2007- February 02, 2008)
J Stock Portfolio: Started $137,170.00 / Ended $119,970.00 | GAIN/LOSS: -12.54%
S & P 500: Started 1549.38 / Ended 1395.42 | GAIN/LOSS: -9.94%

Quarter#1 (August 08, 2007 - October 31, 2007)
J Stock Portfolio: Started $100,000.00 / Ended $137,107.00 | GAIN/LOSS: +37.11%
S & P 500: Started 1455.11 / Ended 1549.38 | GAIN/LOSS: +6.48%

Sold Hill International (NYSE: HIL) in the portfolio

2008-05-01T10:20:00.002-04:00

Sold Hill International (NYSE: HIL) stock. 1000 shares @14.44 were sold in the [model portfolio]. Locking in the gains on this one before earnings.

Sold MannKind Corp. (NASDAQ: MNKD) in the Portfolio

2008-05-01T09:50:00.002-04:00

Sold MannKind Corp. (NASDAQ: MNKD) stock. 3000 shares @2.70 were sold in the [model portfolio]. High risk play gave out the high reward. We are taking profits and moving on.

Added Lumber Liquidators (NYSE: LL) in the Portfolio

2008-04-30T09:20:00.002-04:00

Added Lumber Liquidators (NYSE: LL). 1000 shares @13.16 were bought in the [model portfolio]. Solid earnings reported recently and IBD 100 potential makes what we think is a low risk for potential move over 15 in the near term

Added Bolt Technology (NASDAQ: BOLT) to the Portfolio

2008-04-25T09:59:00.004-04:00

Added Bolt Technolgy Corp (NASDAQ: BOLT). 500 shares @18.17 were bought in the [model portfolio]. After seemingly great earnings, this stock has fallen back far too much far too fast. Great business for the times we are living in (marine seismic energy sources used in marine seismic exploration for oil and gas)

Sold WSI Industries Inc.(NASDAQ: WSCI) in the portfolio

2008-04-25T09:31:00.003-04:00

Sold WSI Industries Inc. (NASDAQ: WSCI) stock. 900 shares @16.93 were sold in the [model portfolio]. This one hit our target and went well beyond, time for us to take some profits.

Added Echelon Corporation (NASDAQ: ELON) in the Portfolio

2008-04-22T14:02:00.003-04:00

Added Echelon Corporation (NASDAQ: ELON). 750 shares @12.85 were bought in the [model portfolio]. This stock continues to have great trading ranges that we are doing our best to take advantage of. The longer term conservation angle and China expansion still remains as a backdrop support.

Added CVR Energy, Inc.(NYSE: CVI) in the Portfolio

2008-04-21T13:17:00.002-04:00

Added CVR Energy, Inc.(NYSE: CVI) 900 shares @23.92 were bought in the [model portfolio]. This is a refiner that also happens to have a fertilizer business that it is spinning off in the future. With so much attention to that sector I think this is a nice risk versus reward play.

Added MannKind Corp. (NASDAQ: MNKD) in the Portfolio

2008-04-21T09:41:00.002-04:00

Added MannKind Corp. (NASDAQ: MNKD) . 3000 shares @2.03 were bought in the [model portfolio]. This is extremely high risk/potential reward type of stock that recently got hammered and is trading for around net cash. HIGH SPECULATION HERE, hence the small position

Sold Titan Machinery (NASDAQ: TITN) in the portfolio

2008-04-18T09:59:00.002-04:00

Sold Titan Machinery (NASDAQ: TITN) . 900 shares @22.71 were sold in the [model portfolio]. Just taking profits after another great move in this stock. Will look to buy again on a good dip.

Sold UFP Technologies Inc. (NASDAQ: UFPT) in the portfolio

2008-04-17T10:10:00.003-04:00

Sold UFP Technologies Inc (NASDAQ: UFPT) . 1500 shares @10.25 were sold in the [model portfolio]. Although it seems like this stock could easily continue higher, we reached the target in such a short amount of time that we must take the profits in the portfolio to remain disciplined. We will look to buy again on any solid dip in the stock price.

Added WSI Industries Inc. (NASDAQ: WSCI) to the portfolio

2008-04-11T09:58:00.002-04:00

Added WSI Industries Inc. (NASDAQ: WSCI) . 900 shares @12.36 were bought in the [model portfolio]. This is extremely volatile stock that has pulled back sharply off recent highs. It looks like a buying opportunity here with the market being down big.

Sold North American Galvanizing & Coatings (NASDAQ: NGA) in the Portfolio

2008-04-11T09:54:00.002-04:00

Sold North American Galvanizing & Coatings . 3000 shares @ 5.51 average were sold in the [model portfolio]. We are not seeing the price action we want here and are unwilling to hold through earnings with no price cushion. Small loss taken and move on to better things.