BUY: UIC (NYSE), CONN (NASDAQ), HGT (NYSE), WIRE (NASDAQ), IPS (NYSE)

• Purchased 49 shares of United Industrial Corp (UIC/NYSE) at $50.01/share = $2,450.49.
• Purchased 105 shares of Conn's Inc (CONN/NASDAQ) at $23.65/share = $2,483.25.
• Purchased 102 shares of Hugoton Royalty Trust (HGT/NYSE) at $24.05/share = $2,453.10.
• Purchased 117 shares of Encore Wire Corporation (WIRE/NASDAQ) at $21.16/share = $2,475.72.
• Purchased 27 shares of IPSCO Inc (IPS/NYSE) at $90.75/share = $2,450.25.

Initial bank account: $24,684.56
Total cost (shares): $2,450.49 + $2,483.25 + $2,453.10 + $2,475.72 + $2,450.25 = $12,312.81
Total cost (transactions): $15 x 5 = $75
Final bank account: $12,296.75

Portfolio:

• PNCL (NASDAQ): 333 (price is up 152.29% since purchase)
• CALL (NASDAQ) : 545 (price is down 40.42% since purchase)
• SGTL (NASDAQ): 271 (price is down 53.84% since purchase) *
• KG (NYSE): 131 (price is down 2.04% since purchase) *
• ANIK (NYSE): 254 (price is up 23.44% since purchase)
• PPD (NYSE): 78 (price is up 13.13% since purchase)
• HNR (NYSE): 217 (price is down 18.09% since purchase)
• MOT (NYSE): 133 (price is down 9.61% since purchase)
• PWEI (NASDAQ): 90 (price is up 11.40% since purchase)
• PLAY (NASDAQ): 266 (price is up 33.47% since purchase)
• HRB (NYSE): 109 (price is up 8.87% since purchase)
• CLMT (NASDAQ): 79 (price is up 32.03% since purchase)
• FCX (NYSE): 46 (price is down 2.14% since purchase)
• FDG (NYSE): 82 (price is down 30.96% since purchase)
• XJT (NYSE): 378 (price is up 46.25% since purchase)
• DLX (NYSE): 112 (price is up 27.15% since purchase)
• ASEI (NASDAQ): 49 (price is up 16.92% since purchase)
• INTX (NASDAQ): 265 (price is up 21.46% since purchase)
• CECO (NASDAQ): 113 (price is up 18.93% since purchase)
• CRYP (NASDAQ): 148 (price is up 49.34% since purchase)
• UIC (NYSE): 49
• CONN (NASDAQ): 105
• HGT (NYSE): 102
• WIRE (NASDAQ): 117
• IPS (NYSE): 27

Total portfolio price is 69,689.78. Please see the most recent portfolio price update to see the portfolio's price changes before today's purchases.

My note on Westwood One from my previous purchase post suggests I should look at it if it falls into the range 6.51-6.76.

Portfolio Price Update

I'm a month behind here, having bitten off more than I can chew in my real life. Catching up now though, slowly but surely. I do have a few real losers in my portfolio, but the market is pricing some of the other ones so high it's making up for the also-rans right now.

My portfolio currently costs $57,376.97. I paid (minus fees) $50,015.44 for it and this is an increase of $7,361.53 or 14.72% to date. Since the start, index changes are:

• Dow: 11,278.7695 -> 12,582.59: up 11.6%.
• S&P 500: 1,309.93 -> 1,431.90: up 9.3%.
• NASDAQ composite: 2,370.8799 -> 2,497.78: up 5.4%.

In a change from the November posting, my portfolio has leapfrogged both the S&P and the Dow and at this precise moment looks like a winner. I must say that slumping commodities prices aren't doing any favours to my resource stocks. However, the two worst performers, Sigmatel and CallWave (which have declined, respectively, 54% and 40% from their purchase prices) are telecommuications/technology companies at least one of which had all sorts of warning signs shouting do not buy me at this price!!