Date updated:10-12-2007
In this portfolio I like to speculate. I have the bulk of my money in mutual funds, but use this to play with (but take it seriously).
http://www.agencynet.us
Http://www.pointonerealty.com

-
ARD
Arena Resources - $48.32
- -4.98%
- $50.54
You have to love this stock. Domestic Oil producer, and with the low dollar, the value of their holdings increases as the dollar impacts the price of oil. All production is domestic for these guys. Increasing their production, leases, and finds. Their reserves are not priced into the price, and are highly discounted by the market, which will eventually figure it out. They recently passed a billion in market cap, and shares will increase with an upcoming stock split, so more mutual funds will now have them on the radar screen. Good growth, good balance sheet, small cap getting bigger, the dollar's slide increases their value, and the chart is outstanding. I am moving my target from $60 per share, up to $90 per share. Expect some bumps in the road, but the price will continue to be up and to the right. Buy on dips of of 10%, and we will see them and have in the past year.

-
SOFO
Sonic Foundry Inc - $0.60
- -1.64%
- $0.62
This one could be a screamer. Excellent growth last year. A stock whose product many could use, typically for web based learning, and knowledge sharing. I am very interested in the search engine over voice and video, versus a simple word search. More should be coming out on that this year. A very disappointing quarter, and a very quiet company, no need to worry about them wasting time on quarter updates, or anything for that matter. You only hear news at the quarterly conference call. They still have room to grow if they can hit their stride. I am keeping a close eye on it and this is my biggest speculative play.

-
TRB
Trb - $0.00
- N/A
- $N/A
A simple play on the price versus the buy out price. My guess is that Zell will go through with the purchase, and you can pick up some quick money here. Should close in 3 months. That is 21% return on the price of $28 per share, or 84% annualized. Not bad.

-
VLO
Valero Energy Cp - $37.09
- -2.19%
- $38.01
Buy cheap "sour" oil and refine it. A great formula for excellent margins. They should make a lot of money with oil t $60 per barrel, and will do very well even at $50. Highly underpriced, and cheap. Like a dumb ass I got tired of this not moving and sold it, only to see it go up $10. I still like it and will buy on downward moves

-
CVX
Chevron Corp - $98.63
- +1.24%
- $98.19
Cheap. Cheap Cheap

-
CAT
Caterpillar Inc - $70.31
- -0.16%
- $70.03
Time to play on infrastructure and the dollar's decline. With so much business overseas, converting to dollars will be a winner

-
GOOG
Google - $537.00
- +1.89%
- $531.00
I sold last year thinking it was too high, what a fool. The numbers speak for themselves. I am holding on for now and not selling. We have recentlty seen them stall out (summer, 2007), but this is solid. They just keep thinking of ways to sell advertising, on the internet, cell phones, etc. Soon they will start doing "sky writing" in a new effort to generate revenue. Don't put it past them, they know their job is to sell advertising, and they do it well.

-
FCX
Freeport Mcmoran - $108.64
- +0.99%
- $108.44
OK, I will admit I got this from Cramer. He is right on the Chinese infrastructure play, and the use of copper. So far it has run up with other commodity stocks, and buyout rumors. For now I will enjoy the ride.
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