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

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

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

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

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

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

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

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

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

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

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

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

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)

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

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

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

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

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

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

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 MannKind Corp. (NASDAQ: MNKD) in the Portfolio

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

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

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

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

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.

Added UFP Technologies Inc. (NASDAQ: UFPT) to the portfolio

Added UFP Technologies Inc (NASDAQ: UFPT) . 1500 shares @8.51 were bought in the [model portfolio]. This company has caught a bit of buzz from Investors Business Daily and is looking like it will break 10 in the upcoming weeks.

Sold Echelon Corporation (NASDAQ: ELON) in the portfolio

Sold Echelon Corporation (NASDAQ: ELON). 750 shares @15.06 were sold in the [model portfolio]. We still love the name but this market is far too dicey not to take ~19% gains in a short amount of time on any stock. We will look for reentry if the opportunity presents itself.

Added Titan Machinery (NASDAQ: TITN) to the portfolio

Added Titan Machinery (NASDAQ: TITN) . 900 shares @18.37 were bought in the [model portfolio]. This is quickly becoming a favorite trader of ours. The nice fast pullback off highs looks to be presenting another opportunity to go long.

Sold Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) tin the portfolio

Sold Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) . 1000 shares @21.96 were sold in the [model portfolio]. A great move up over the past few days gives a great opportunity to take profits and wait for a pullback to reenter in the future .

Added Hill International (NYSE: HIL) to the portfolio

Added Hill International (NYSE: HIL). 1000 shares @12.60 were bought in the [model portfolio]. This is an infrastructure play who is experiencing a lot of growth in Europe and Southwest Asia.

Added Echelon Corporation (NASDAQ: ELON) to the portfolio

Added Echelon Corporation (NASDAQ: ELON). 750 shares @12.67 were bought in the [model portfolio]. This is a great way to play the energy efficiency concerns in China and has been brutalized since the market has fallen from highs earlier in the year.

Sold Titan Machinery (NASDAQ: TITN) to the portfolio

Sold Titan Machinery (NASDAQ: TITN) . 1000 shares @21.50 were sold in the [model portfolio]. While we still love the company it is time to take some profits after the fast move higher .

Added Titan Machinery (NASDAQ: TITN) to the portfolio

Added Titan Machinery (NASDAQ: TITN) . 1000 shares @17.16 were bought in the [model portfolio]. After selling at much higher levels previously, this name looks attractive again.

Added Genoptix, Inc. (NASDAQ:GXDX) in the Portfolio

Added Genoptix, Inc. (NASDAQ:GXDX) . 700 shares @ 25.49 were bought in the [model portfolio].

Added Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) in the Portfolio

Added Vertex Pharmaceuticals Inc. . 1000 shares @ 17.55 were bought in the [model portfolio].

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

Added North American Galvanizing & Coatings . 3000 shares @ 5.68 were bought in the [model portfolio]. They do galvanizing and coatings for corrosion protection of fabricated steel products and

Added Versant Corp (NASDAQ: VSNT in the Portfolio

Added Versant Corp (NASDAQ: VSNT) . 800 shares @ 28.65 were bought in the [model portfolio]. This company announced great earnings last night and the p/e multiple remains extremely low going forward

Click here to read their most recent earnings release:

Sold Titan Machinery (NASDAQ: TITN) in the Portfolio

Sold Titan Machinery (NASDAQ: TITN). 1000 Shares @21.02 were sold in the [model portfolio]. Got a nice gap up as TITN joined the IBD100 we took profits and are moving on. We will revisit the name if another opportunity presents itself

6 Month Evaluation

A horrid start to the market this year left our portfolio with our 2nd losing month. On January 1st the S&P 500 opened at 1467.97 and closed at 1395.42 on February 2nd for a return of -4.94% loss. The The J Stock Portfolio began the month with $127,670.00 in assets (stocks and cash) and ended the period with $119970.00 for a loss of 6.03%. While the portfolio lost for the 2nd time in the monthly comparison to S & P 500 performance , we are optimistic going into the next period as we plan to thin our the portfolio and take new positions in companies we have identified that have explosive potential. We also have built a sizable cushioned lead over the S&P 500 over the past 6 months and plan to extend that gain this month


MONTHLY SCOREBOARD
J Stock Report:4
S&P 500: 2

GAINS SINCE PORTFOLIO INCEPTION (8/1/2007)
J Stock Report: +19.97%
S&P 500: -4.10%

5 Month Evaluation

December was a great rebound for the model portfolio. On December 1st the S&P 500 opened at 1479.63 and closed at 1468.36 on December 31st for a return of -0.76 % loss. The The J Stock Portfolio began the month with $115,598.00 in assets (stocks and cash) and ended the month with $127,670.00 for a gain of 10.44%. While the portfolio clearly beat the S & P 500 performance easily, we are remaining cautious to not have another repeat of our only losing month (last month).

Lessons Learned/Game Plan:

1. Take full profit on stocks that have moved up large, regardless of the portfolio + or - , we can always reenter at another time. (Selling ELON for small loss after large recovery move it had)

2. Some of our portfolio stocks were effected by tax selling and should rebound from that early in the month. We will likely use this strength to exit stocks that are not meeting expectations.

MONTHLY SCOREBOARD
J Stock Report:4
S&P 500: 1

GAINS SINCE PORTFOLIO INCEPTION (8/1/2007)
J Stock Report: +27.67%
S&P 500: +0.69%

Sold Converted Organics (NASDAQ: COIN) in the Portfolio

Sold Converted Organics (NASDAQ: COIN). 3000 Shares @5.24 were sold in the [model portfolio]. The quick move up was a bit much to hold such a volatile name, we took quick proifts and moved on. We will revisit the name if another opportunity presents itself

Added CommVault Systems (NASDAQ: CVLT) in the Portfolio

Added CommVault Systems (NASDAQ: CVLT) . 1000 shares @21.02 were bought in the [model portfolio]. This company routinely tops earnings estimates and has a great wide-view trend in tack. Under 20 would be a danger zone to consider exit.

Sold Echelon Corporation (NASDAQ: ELON) in the portfolio

Sold Echelon Corporation (NASDAQ: ELON). 700 Shares @ 23.00 were sold in the [model portfolio]. We took the shares off the table as we got the expected sharp bounce to exit. We still like the name longer term but feel the move up was a bit overdone for such a short time.

Added Titan Machinery (NASDAQ: TITN) to the portfolio

Added Titan Machinery (NASDAQ: TITN) . 1000 shares @13.70 were bought in the [model portfolio]. This is a newer issue as well dealing in agricultural equipment. With the appetite for these type of stocks so high, we think it is a good risk/reward situation for a small position.

Added Converted Organics (NASDAQ: COIN) to the Portfolio

Added Converted Organics (NASDAQ: COIN) . 3000 shares @4.20 were bought in the [model portfolio]. With all the agriculture momentum and the upcoming opening of their new fertilizer plant in 2008, this small, volatile stock has plenty of room for an upside market cap move once it is discovered by the general public. They should also start rolling out with press releases in the first quarter of 2008 as customers line up for deliveries once the plant is operational. This is an extremely thin issue and should be expected to trade as such with wild swings.

Sold Remainder Position of Shengdatech Inc (NASDAQ: SDTH) in the Portfolio

Sold remainder of Shengdatech Inc (NASDAQ: SDTH) position today. 1000 shares @ $12.90 were sold in the [model portfolio] . The move up has become too sharp for us to risk not taking the cash off the table.

Selling Partial Position of Shengdatech Inc (NASDAQ: SDTH) in the Portfolio

We did a partial sell of Shengdatech Inc (NASDAQ: SDTH) position today. 1000 shares @ $12.38 were sold in the [model portfolio] . While the stock remains strong fundamentally and from a technical analysis perspective, it has moved sharply higher in a short amount of time, so we feel it prudent to take some shares off the table. We are also moving our stops up to $11.75 to protect our gains on remaining shares.

4 Month Evaluation

This was a bad month the portfolio. This evaluation is late due to the planning of a new site format. As of (November 1st), the S&P 500 gapped down 1545.79 and as of the close on (November 30th) the S&P 500 was at 1481.14 for a loss of 4.18% (if you call that a real gain) . The J Stock Portfolio assets began this period with $137107.00 in assets (stocks and cash) and ended the period with $115598.00 for a loss of the month of 15.79%. This has easily been our first negative month (so far) and will be used as a lesson in what NOT to do in the future during a market where bidders on smaller cap stocks fail to show up. The S&P 500 was horrible, but our portfolio was worse and here are some of the lessons learned.

1. More partial profit taking was a good idea but more liberal profit stops are needed to keep the gains we have .
2. Better timing around earnings and major upcoming events to eliminate 'surprise' gaps

MONTHLY SCOREBOARD

J Stock Report: 3
S&P 500: 1

STOCK PORTFOLIO GAINS SINCE INCEPTION (8/1/2007)

J Stock Report: 15.60%
S&P 500: 1.79%

Added Shengdatech Inc (NASDAQ: SDTH) to the portfolio

Added Shengdatech Inc (NASDAQ: SDTH) 2000 shares @ $7.69 were added to the [model portfolio] today. Alerts and strategies (entry/stops/targets) have been given to subscribers via email and further details will also made available and updated in our weekly newsletter. [subscribe] .

Sold Trico Marine Services (NASDAQ: TRMA) in the Portfolio

SOLD Trico Marine Services (NASDAQ: TRMA) . 600 shares @ $36.18 were sold in the [model portfolio] today as a gap up on acquisition news provided a good exit . Alerts and strategies (entry/stops/sell targets) have been given to subscribers via email and further details will also made available and updated in our weekly [subscribe] .

Added Trico Marine Services (NASDAQ: TRMA) to the Portfolio

Added Trico Marine Services (NASDAQ: TRMA) 600 shares @ $34.85 were added to the [model portfolio] today. Alerts and strategies (entry/stops/targets) have been given to subscribers via email and further details will also made available and updated in our weekly newsletter. [subscribe] .

Added More NetScout Systems (NASDAQ: NCTC) to the Portfolio

Added More NetScout Systems (NASDAQ: NCTC) 1000 shares @ $14.77 were added to the [model portfolio] today. Alerts and strategies (entry/stops/targets) have been given to subscribers via email and further details will also made available and updated in our weekly newsletter. [subscribe] .

3 month evaluation

This was a big month the porfolio. Some larger percentage gains and better winning ratio helped put this months performance far out of the reach of the paltry S&P 500 . At the beginning of this evaluation month (October 1st), the S&P 500 was at 1547.07 and as of the close today (October 31st) the S&P 500 was at 1549.38 for a gain of .15% (if you call that a real gain) . The J Stock Portfolio assets began this period with $117115.00 in assets (stocks and cash) and ended the period with $137107.00 for a gain of the month of +17.07%. This has easily been our most productive month (so far) and will be our benchmark to beat as we consistently try to improve our performance each month. Again we easily out performed the S&P 500 and some of the things we are setting as things to improve:
1. More partial profit taking on stocks to lock in gains .
2. Continual stock entry improvement to minimize 'dead time' where a we own a stock that is not moving.

MONTHLY SCOREBOARD

J Stock Report: 3
S&P 500: 0

STOCK PORTFOLIO GAINS SINCE INCEPTION (8/1/2007)

J Stock Report: 37.10%
S&P 500: 6.48%

Sold Partial Bottomline Technologies (NASDAQ: EPAY) in the Portfolio

Sold Partial Bottomline Technologies (NASDAQ: EPAY) . 500 shares @ $16.03 were sold in the [model portfolio] today