Thursday, September 02, 2010

RSY VI Trades...GAIN, ANAT.


The table above is a chart of the sample portfolio of RSY near the close of markets on Friday. It is looking good so far. ANAT is the laggard and was quite volatile since we have added it to our portfolio. We already had plans to exit it after being owner of record for the last dividend disbursement-which has passed. We could try to squeeze out a little more profit with a limit order of like $78.99 or higher but for the model portfolio we will set the limit order on Tuesday of $78.49 {good-til-canceled (GTC)}.

Gladstone Investment Corporation {GAIN} is a micro-cap without options and was ranked highest on MyStockFinder under a modified RSY search criteria. The next ex-dividend date is on the 20th of this month of 4 cents, but since it pays monthly then the next payout is always 30 days or less away. The estimated dividend yield is close to 7 1/2 percent. The strongest buy signal is strong, recent insider buying. Our sample portfolio will start out with just a buy of 400 shares at the Tuesday opening of $6.49. While this would only be a little over 2 1/2 percent on a $100,000 portfolio, we could add some more at an even lower price point, thus engaging in dollar cost averaging.

Summary of trades:
Buy 400 of GAIN at limit price of $6.49 (GTC).
Sell 100 of ANAT at limit price of $78.49 (GTC).



I Hate This Stock (HERO, LVS, MGM, MPEL, NLY, SD, X)




Misc. Links:
401(k) withdrawals at highest level in 10 years - Aug. 20, 2010

Market Data Firm Spots the Tracks of Bizarre Robot Traders - Science and Tech - The Atlantic

Housing markets: Don't think of it as an investment | The Economist

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