Special Situations Real Money Port Update
Last Updated: April 27, 2006
Transaction History
|
Date |
Action |
Quant. |
Description |
Sym. |
Price |
Amount |
|
04/26/06 |
BOUGHT |
99 |
ENGELHARD CORP |
EC |
$38.78 |
-$3,846.17 |
|
04/19/06 |
BOUGHT |
99 |
DWS GLOBAL COMMODITIES |
GCS |
$17.46 |
-$1,735.49 |
|
04/19/06 |
Fee |
95 |
AUTONATION INC |
AN |
|
-$25.00 |
|
04/19/06 |
Cashout |
95 |
AN |
$23.00 |
$2,185.00 |
|
|
04/17/06 |
Cashout |
1,600 |
PVCC |
$2.39 |
$3,824.00 |
|
|
04/17/06 |
Dividend |
200 |
CENTRAL FEDERAL CORP |
GCFC |
|
$18.00 |
|
04/03/06 |
Interest |
|
Money Market Fund |
|
|
$5.27 |
|
03/31/06 |
BOUGHT |
95 |
AN |
$21.57 |
-$2,056.10 |
|
|
03/28/06 |
Cashout |
999 |
MAJR |
$1.90 |
$1,898.10 |
|
|
03/08/06 |
BOUGHT |
1,600 |
PVCC |
$2.31 |
-$3,702.95 |
|
|
03/01/06 |
Deposit |
|
CONTRIBUTION 2006 |
|
|
$2,000.00 |
|
03/01/06 |
Interest |
|
Money Market Fund |
|
|
$4.50 |
|
02/06/06 |
Cashout |
1,999 |
TTMC |
$0.50 |
$999.50 |
|
|
02/01/06 |
Cashout |
99 |
JBOH |
$2.96 |
$293.04 |
|
|
02/01/06 |
Interest |
|
Money Market Fund |
|
|
$5.11 |
|
01/25/06 |
BOUGHT |
999 |
MAJR |
$1.60 |
-$1,605.35 |
|
|
01/17/06 |
Dividend |
200 |
CENTRAL FEDERAL CORP |
GCFC |
|
$18.00 |
|
01/12/06 |
Cashout |
1,999 |
RFCG |
$0.35 |
$699.65 |
|
|
01/03/06 |
Interest |
|
Money Market Fund |
|
|
$3.88 |
|
12/27/05 |
Cashout |
499 |
FGNT |
$0.97 |
$484.03 |
|
|
12/07/05 |
BOUGHT |
1,999 |
TOUCHTUNES MUSIC CORP |
TTMC |
$0.42 |
-$846.53 |
|
12/05/05 |
BOUGHT |
99 |
JBOH |
$1.90 |
-$195.05 |
|
|
12/05/05 |
BOUGHT |
1,999 |
RFCG |
$0.28 |
-$566.67 |
|
|
12/01/05 |
Cashout |
85 |
LIC |
$29.94 |
$2,544.49 |
|
|
12/01/05 |
Interest |
|
Money Market Fund |
|
|
$0.10 |
|
11/01/05 |
Interest |
|
Money Market Fund |
|
|
$0.79 |
|
10/14/05 |
Dividend |
200 |
CENTRAL FEDERAL CORP |
GCFC |
|
$18.00 |
|
10/10/05 |
BOUGHT |
85 |
LIC |
$25.70 |
-$2,191.45 |
|
|
10/07/05 |
Cashout |
900 |
CIMG |
$1.10 |
$990.00 |
|
|
10/06/05 |
Cashout |
300 |
MAX |
$4.00 |
$1,200.00 |
|
|
10/03/05 |
Interest |
|
Money Market Fund |
|
|
$0.70 |
|
09/07/05 |
BOUGHT |
900 |
CIMG |
$0.90 |
$816.95 |
|
|
09/01/05 |
Interest |
|
Money Market Fund |
|
|
$2.19 |
|
08/29/05 |
SOLD |
1,700 |
RFCG |
$0.35 |
$587.02 |
|
|
08/23/05 |
BOUGHT |
300 |
MAX |
$3.45 |
-$1,042.95 |
|
|
08/02/05 |
Cashout |
99 |
BSTW |
$13.00 |
$1,287.00 |
|
|
08/01/05 |
Interest |
|
Money Market Fund |
|
|
$0.45 |
|
07/22/05 |
BOUGHT |
1,700 |
RFCG |
$0.25 |
-$432.95 |
|
|
07/18/05 |
Dividend |
|
CENTRAL FEDERAL CORP |
GCFC |
|
$18.00 |
|
07/12/05 |
Cashout |
1,990 |
CFRC |
$0.18 |
$355.41 |
|
|
07/01/05 |
Interest |
|
Money Market Fund |
|
|
$0.03 |
|
06/24/05 |
Interest |
|
Money Market Fund |
|
|
$0.03 |
|
06/16/05 |
Interest |
|
Money Market Fund |
|
|
$0.51 |
|
06/13/05 |
Interest |
|
Money Market Fund |
|
|
$0.03 |
|
06/07/05 |
BOUGHT |
499 |
FRGN |
$0.58 |
-$297.37 |
|
|
05/16/05 |
Interest |
|
Money Market Fund |
|
|
$0.50 |
|
04/18/05 |
Interest |
|
Money Market Fund |
|
|
$0.44 |
|
04/15/05 |
Dividend |
|
CENTRAL FEDERAL CORP |
GCFC |
|
$18.00 |
|
03/16/05 |
Interest |
|
Money Market Fund |
|
|
$0.44 |
|
02/16/05 |
Interest |
|
Money Market Fund |
|
|
$3.45 |
|
02/14/05 |
BOUGHT |
200 |
GCFC |
$12.39 |
-$2,485.95 |
|
|
02/07/05 |
BOUGHT |
99 |
BSTW |
$11.01 |
-$1,102.94 |
|
|
02/01/05 |
BOUGHT |
1,990 |
CFRC |
$0.12 |
-$251.75 |
|
|
01/21/05 |
Deposit |
|
CONTRIBUTION 2005 |
|
|
$2,000.00 |
|
01/18/05 |
Interest |
|
Money Market Fund |
|
|
$0.96 |
|
01/03/05 |
Interest |
|
Money Market Fund |
|
|
$1.38 |
|
12/08/04 |
Cashout |
425 |
ASAA |
$5.00 |
$2,125.00 |
|
|
11/16/04 |
Interest |
|
Money Market Fund |
|
|
$0.27 |
|
10/22/04 |
BOUGHT |
425 |
ASAA |
$4.55 |
-$1,946.70 |
|
|
10/19/04 |
Deposit |
|
CONTRIBUTION 2004 |
|
|
$2,000.00 |
Current Holdings
|
Date |
Quant. |
Description |
Price |
Amount |
|
04/27/06 |
|
Cash |
$1.00 |
$444.95 |
|
04/27/06 |
99 |
ENGELHARD CORP |
$38.43 |
$3,804.57 |
|
04/27/06 |
99 |
DWS GLOBAL COMMODITIES |
$17.25 |
$1,707.75 |
|
04/27/06 |
200 |
CENTRAL FEDERAL CORP |
$7.84 |
$1,480.00 |
|
|
|
|
|
$7,437.27 |
Performance
Since inception on October 19, 2004, the rate of return for the Special Situations Real Money Portfolio has been 23.5% APY. This is a substantial improvement from what I reported earlier this year, 12.1 APY. The quick turnarounds with AutoNation, PVC Container, and Major Automotive definitely juiced my returns. While not quite as safe as putting my son’s college money in EmigrantDirect’s 4.5 % Savings Account, these relatively low risk special situations produce some great returns.
I maintain a list of these opportunities over in Contributor’s Corner. For a small contribution, you can gain access to the latest information in this premium section of Fat Pitch Financials.
Why are you in CENTRAL FEDERAL CORP?
That’s a good question Mike. It was a going private transaction that failed long ago. I’ve been looking for an exit strategy but I’ve only dug myself a bigger hole. I was hoping that when the fed stopped raising rates that this little bank would recover some value. In the mean time, I’m collecting the dividend check.
Heck, if it wasn’t for Central Federal Corp, my APY would be probably over 30 percent and no one would believe that. ;-)