I Wonder...

...what the record is for time between blog posts? I've got 5 years+ here.

Two New Purchases

Bought 35 shares of PML @ 15.81
Bought 30 shares of PFN @ 17.98

More on why later, just wanted to record the purchase for tax tracking here.

DDD Sold @ 5.25

I just sold my 100 shares of Scholr Pharma (DDD) at 5.25. I bought them in February for 4.80. With total commission of $10, my net pre-tax profit is $35, or a 8.64% annualized return. Not bad I suppose.

This was a very volatile stock, that is now getting some buy-out buzz. But I just don't think the upside justifies the downside that this company really hasn't got that much besides a couple CDT patents. We'll if I'm terribly wrong later. I now about about $2,000 cash in my portfolio that I am itching to reinvest.

Scottrade Hacked

A user on FatWallet Forums reports that online broker Scottrade has revealed why it is currently no longer offering eCheck ACH money transfers - they've been hacked! Here an excerpt:

They lost all our information including the following:

name, drivers license, date of birth, phone number, bank name, bank code, bank number, bank routing number, bank account number and if you used your Social Security number instead of a DL#, that is now stolen too! The hackers got the motherlode.

Related new article: TROY Group Inc. Reports a Compromise of Its e-Check Servers

Not cool. I hope that Ameritrade I-Zone, my discount broker, uses the same level of security as the parent broker Ameritrade.

MB Trading

I recently found out about MB Trading from a thread at FWF. They offer stock trades at only $1 for trades under 500 shares, and only 0.5cents per share over that. A buck a trade!

Also, they have $1 options contract, no minimum trade requirements, and no monthly fees. You need $2,000 to open an account, but there are no minimum balance requirements after that. This seems almost too good to be true. I feel that if I join, soon they'll raise at least some of their prices. Still, gonna keep an eye on these guys. I'm currently at Ameritrade I-Zone (formerly FreeTrade), with $5 trades.

New Template, New Focus

I am refocusing this blog to talk about stock transactions - specifically taking advantage of certain undervalued sectors or going-private transactions.

Thinking

of selling all my stocks and putting it all into EEM... The P/E ratio is still pretty low and it is a good index. Nice and risky, but a good long term way to go.