The BoormanBlog

So a friend of mine from back in the Grove City days (mad shout outs to Tom!!!) was asking me why I haven’t update the blog lately. Actually, I was wondering that myself. So here I am to let everybody know I’m still here.

Thought I’d post a little update on my portfolio. Despite the run up in the market, my individual equities are languishing. I dumped some of my Lucent at a huge ass loss, sold all my Eurozinc mining at a small profit, and opened a position in Coldwater Creek. Jim Cramer has praised this thing over and over. It has possibilities, a regional upscale clothing retailer looking to go national. Of course, the day I bought it, the stock tanked  almost 4%, and has been slowly clawing its way back. I’m almost at the breakeven point! I’m sticking with Coldwater.

As for Emcore, I’m holding on for dear life here. At about $5.30, I may just buy some more to lower my average share price.

Thankfully my mutual funds are doing pretty well, especially one investing in China. I’m up almost 20% since May! Booyaa!

This entry was posted on Monday, December 18th, 2006 at 9:49 pm and is filed under Pimp My Portfolio. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.