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Latest positions – Antsy ain’t a strategy

Cody Willard

Feb 22, 2013 — 1 min read

Marvell is up after last night’s report. Steady as she goes, I’m holding all of my common and calls steady in that one for now. On the other hand, I’ve been actively refining the portfolio and getting ever less long as the markets run higher. I’d sure like to see a huge spike or a huge crash in which we’d likely see a lot of pitches to swing at.

I find myself getting a bit antsy and wanting to put on some new trades and find some quick profits. But that is the absolute worst reason to put on a trade — because of you’re “antsy”. Patience, discipline and homework. Those are the tools that will get us where we want to go — not forcing trades because we want some action.

Here’s a list of my latest positions in approximate order from largest to smallest. I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course). Anyway, here’s the list:

Longs –