A look back of 2009

Happy New Year to all my followers and seekingalphers.

It's been fun to watch and take profit from the strong rally in 2009. I hope all of you have recovered from 2008 and are looking for a better 2010.

I started blogging at SA since this June. I am not an active blogger as I always spend much time on researching my target companies. I may only pick 1 or 2 companies from a long list of candidates. Although it looks not productive, it does produce good profits for my portfolio this year.

Let's take a look:

On July 12, 2009, I recommended RINO
Price on July 13 ( July 12 was weekend): Close at $10.19
Current price: 27.75 ( 12:30 pm of Dec 31, 2009)

return so far: 172%

On August 6, 2009, I recommended YONG
Price on August 6, 2009: $5.98
Current price: $8.24

return so far: 37.8%

On October 8, 2009, I recommended CBPO
Price on October 8: $8.07
Current price: $12.00

Return so far: 48.7%

On October 29, 2009, I recommended GFRE
Price on October 29: $9.47
Current price: $11.68

Return so far: 23.34%

I am satisfied with my picks and recommend you to continue to buy these stocks at dips. I believe these stocks still have very promising future.

As to 2010, I will continue to write recommendations at SA. I hope to recommend one stock a month. I usually don't focus on large cap stocks like C, BAC, GE etc. I personally believe a careful research and disciplined trading of small cap stocks will give you much better profits unless you are retired and want stable income.

I also suggest all of you to buy my recommendations only at dips, never ever chase these stocks at peaks.

Finally, wish everybody a happy new year!


Disclosure: I am still holding yong, gfre, cbpo, and rino