We purchased iRobot (IRBT) at $18.65 per share yesterday. iRobot is a maker of vacuuming and other specialized robots for residential and military applications. The stock rallied yesterday after it won a US military contract worth $286M over 5 years for bomb-disarming robots, parts, and training.
To accommodate this purchase, we sold Asure Software (ASUR) at $0.95 per share for a short-term loss of almost 30% during a period of 2 months. The stock experienced a slow decline during the period and the earnings yesterday didn’t inspire a rally.
The list of stock/options sold during the year and the gain/losses are listed below:
| Stock | Buy Date | Buy Price | Sell Date | Sell Price | % Gain (Loss) | % Portfolio Return* |
| Harrah’s (HET) | 10/2/2006 | 75.61 | 8/7/2007 | 83.68 | 10.66 | 0.62 |
| St. Joe (JOE) | 8/7/2007 | 39.4 | 8/8/2007 | 41.8 | 6.23 | 0.47 |
| Google (GOOG) | 3/14/2007 | 441 | 8/10/2007 | 515.99 | 16.86 | 1.14 |
| LOCM (LOCM) | 8/10/2007 | 5.47 | 9/17/2007 | 6.094 | 11.31 | 0.71 |
| PetroChina (PTR) | 9/12/2006 | 106 | 10/1/2007 | 188.5 | 78.14 | 2.83 |
| PetroChina (PTR) | 9/12/2006 | 106 | 10/3/2007 | 178.05 | 68.39 | 2.2 |
| ValueClick (VCLK) | 9/12/2007 | 19.4 | 10/12/2007 | 28.28 | 45.79 | 3.38 |
| Canetic Resources (CNE) | 11/2/2006 | 13.95 | 10/26/2007 | 15.88 | 13.78 | 1.06 |
| Harvest Energy (HTE) | 11/2/2006 | 23.46 | 11/9/2007 | 26.39 | 12.5 | 0.95 |
| Canadian Solar (CSIQ) | 10/30/2007 | 10.60 | 11/21/2007 | 14.30 | 34.9 | 2.82 |
| Frontier Ltd. (FRO) | 10/26/2007 | 43.51 | 11/28/2007 | 46.62 | 7.15 | 0.47 |
| Asure Software (ASUR) | 10/05/2007 | 1.31 | 12/18/2007 | 0.95 | 28.78 | (1.46) |
| Suntech March 45 Call | - | - | 10/15/2007 | 5.00 | - | - |
| TSM April 12.5 Call | - | - | 10/18/2007 | 0.35 | - | - |
| Realized Gain/(Loss) YTD | - | - | - | - | - | 15.19 |
- % Gain/Loss Relative to Portfolio Value at Beginning of Year + Deposits
- The table assumes realization of profits associated with selling options only after the option is exercised or expiry.
| Stock | Buy Date | Buy Price | Current Price | Current % Of Portfolio | Unrealized % Return | Current Yield |
| Philip Morris (MO) | 1/4/2005 | 46.54 | 75.93 | 8.55 | 63.15 | 4.29 |
| Kraft Foods (KFT) | 1/4/2005 | 21.11 | 33.05 | 2.57 | 56.53 | 3.15 |
| Plum Creek Timber (PCL) | 5/12/2005 | 35.5 | 45.16 | 7.63 | 27.20 | 3.74 |
| Pfizer (PFE) | 2/6/2006 | 25.15 | 23.27 | -5.26 | (7.10) | 4.63 |
| ICICI Bank (IBN) | 5/18/2006 | 27.57 | 58 | 9.79 | 110.35 | 0.92 |
| Taiwan Semi (TSM) | 7/27/2006 | 8.71 | 9.67 | 5.44 | 11.01 | 3.4 |
| Advantage Energy Fund (AAV) | 11/2/2006 | 11.22 | 9.22 | 3.37 | (17.86) | 15.03 |
| SunTech Power (STP) | 3/14/2007 | 36.73 | 45 | 5.77 | 22.53 | 0 |
| Central Europe & Russia Fund (CEE) | 6/28/2007 | 51.5 | 64.05 | 5.41 | 24.21 | 9.6 |
| Patni Computers (PTI) | 8/10/2007 | 20.85 | 15.74 | 4.43 | (24.57) | 0.64 |
| Bank Of Ireland (IRE) | 10/1/2007 | 76.43 | 57.76 | -4.06 | (24.43) | 4.5 |
| Itron Inc. (ITRI) | 11/07/2007 | 85.01 | 79.39 | 4.47 | (6.72) | 0 |
| Anthracite (AHR) | 11/09/2007 | 7.97 | 7.84 | 4.41 | (1.63) | 0 |
| ClickSoftware (CKSW) | 11/09/2007 | 4.61 | 3.36 | 1.89 | (27.11) | 0 |
| LDK Solar (LDK) | 11/21/2007 | 30.30 | 70 | 19.70 | 131.02 | 0 |
| Harvest Energy (HTE) | 11/28/2007 | 21.01 | 20.27 | 4.56 | (3.54) | 17.2 |
| iRobot (IRBT) | 12/18/2007 | 18.65 | 17.88 | 3.27 | (4.13) | 17.2 |
| Cash | 0.11 | |||||
| Total Portfolio | 24.24 |
- For SunTech Power (STP), we wrote a call option for March 45 (see first table) and so the price is listed as $45 as we won’t participate in the appreciation beyond that plus the premium received.
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