Friday, November 30, 2007

Portfolio Recap; Nov. 29, 2007

Here comes the daily list of the Good, The Bad, and the Ugly. A sideways tape still offered some momentum for the Portfolio. I have added some current events to the Recap. Enjoy!
THE GOOD:
Altius Mineral ALS.TO - Signed agreement with two companies about the planned refinery in Newfoundland, Canada. This sent the stock up $1.50. Click HERE for further details.
Aegean Marine Petrol ANW - up 15 cents on the day and hit a 5 day high of $40.50.
Anadarko Petrol APC - Up 2.7% and finally closed above 50 day MA of $56.31
Aspreva ASPV - Steady as she goes. Up a nickel, hit 5 & 20 day high of $25.80, and closed above its 50 day MA of $23.97
China Medical CMED - Back in business! Up 4.3% for the day.
Euronet Worldwide EEFT - Inked a prepaid deal with a Large grocery store in Italy. The news sent the stock up 3.4% and hit its high for the year of $32.91 during the session. Click HERE to read the article.
ISHARE MSCI BRAZIL EWZ & ISHARES S&P LAT AM40 ILF are both back in my good graces.
Focus Media Holding FMCN - Up 12.4% since hitting a low of $50.00 on Tuesday.
FirstSolar FSLR - Up 10.3% for the day, setting new highs.
Claymont Steel PLTE - Continues is charge, up another 18 cents
Transocean Inc. RIG - A slight pullback, 0.3%, does not have me worried.
THE BAD: This list is shrinking... for the time being.
Ansys Inc. ANSS - Down 1.0% on the day, the stock sits above 50 day MA of $37.92.
Yamana Gold AUY - Gold and this stock continue to decline. The stock is down 9.5% since its high of $14.22 on Monday.
Core Labs CLB - A nice day, up 3.2%
Devon Energy DVN - Stopped its losing streak. Up 42 cents
Kinder Morgan Energy KMP - Filed an 8-K stating the intent to offer $250 million worth of "common units". The Street did not like the news, sending the stock down 1.2%. Click HERE to learn more.
Telefonica TEF - Peter Erskine steps down as Telefonica O2 head, but will remain on the board. The stock pulled back 1.0% from its yearly highs. Click HERE for the Reuters article.
URS Corp. URS - Announced Washington Group shareholders will receive $95.12 per share in the very public take over. The news crushed the stock sending it down 3.3%. Click HERE for the Reuters article.
THE UGLY: Reserved for the most precipitous falls from grace.
United Online UNTD - Dow 9% since its highs on Tuesday.
Disclaimer: This is a model portfolio, and in no way should these hypothetical positions replace your investment professional. These stocks are recommendations from my interviews with financial professionals, and I am attempting to put the stocks into an easy to understand format. Consult an investment advisor before making any purchases or sales in the equity markets.

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