Friday, April 20, 2007

10Q Detective Portfolio Adjustments

RECENT TRADING HISTORY
SymbolPositionPurchase
Date
Purchase
Price
Cost
NRMX30003/21/2007$12.073,633.81
NRMX40004/11/2007$13.755,580.01




CLOSED POSITIONS
PositionPurchase
Date
PriceCostSale
Date
PriceProceeds%
Change
20010/18/06$28.485,708.9704/20/07$25.435,081.61(10.99)%
20011/03/06$25.145,040.9904/20/07$25.435,081.610.80%
20011/13/06$22.324,476.9904/20/07$25.435,081.6113.50
600 Shares of Precision Drilling Trust (PDS)
TOTAL:$15,226.95$15, 244.830.12%
Dividends:$567.89
TOTAL
RETURN
3.85%

2 comments:

Vlad said...

David,

I noticed you sold PDS and HAL. Any particular reasons? I hold PDS and watching HAL.

David J. Phillips said...

Vlad:

Sold PDS in response to news that Company was cutting payout distribution & to raise cash position. Subsequently, I did invest in Advantage Income (AAV)& Provident Energy Trust (PVX), which--in my opinion--offer stronger long-term [total return: capital gains plus dividends]growth potential.

HAL was sold because of fears that the new Congress might subject the Company to Iraq over-billing controversies.