Blog Performance Update

The following is an update on the performance of stocks I have closed out positions on. Current open positions are SFK Pulp, Bancinsurace, Fairfax Financial, The Brick Group, and Exchange Bank of Santa Rosa.

Closed-out positions:
1. AGIS (arbitrage opportunity)
Bought at .044 on 9/21/06
Sold at .0475 on 10/5/06
7.95% pre-tax return in 15 days.

2. Delta Financial
Bought at 10.89 on 1/27/07
Sold at 12.55 on 6/20/07
15.25% pre-tax return in 5 months.

Open Positions:
1. Bancinsurance
Bought at $5.80 on 9/17/2006
Today's price: $6.50
Return: 12.1%

2. SFK
Bought at $4.90 Can on 2/5/2007
Today's Price: 4.98 Can$
Dividends: $.20
Return: 5.7%

3. Fairfax Financial
Bought at $170.50 on 2/12/2007
Today's Price: $193.46
Return: 13.5%

4. Brick Group
Bought at $9.32 Can on 3/29/2007
Today's Price: $9.85 Can
Dividends: $.30 Can
Return: 8.9%

5. Exchange Bank of Santa Rosa
Bought at 135.00, today.
Return: ---