Tuesday, October 24, 2006

Long-Term Portfolio Update

Just a minute ago, I sold half of the First Marblehead (FMD) shares at $69.57. Currently, I do not intend to part with the rest of the shares. It's tough not to take a profit of this size. And, I did want to start freeing up some cash for other stocks. FMD has been very good to me... we picked it up at $28 a little over a year ago, and it's time to book some of the 148.5% gain. Tom Brown, hedge fund manager and regular contributor at bankstocks.com, was dead-on with his recommendation of this company.

Still interested in:

CAT, DNA, UVV, SHG, AMD, WWE

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