Mechanical Investing for August

By the hair of my chinny chin chin, mechanical investing did ok this month. The overall market took a beating and most stocks (including mine) were down, but one big winner made it a positive month for me. Six winners and seven losers this month.

Holding for another month:

Ticker Return  
PBR +3.8% Petroleo Brasil.
PHM +7.7% Pulte Homes.
RIMM -1.7% Research in Motion. Only a wee loss, I’ll hold a while longer.

Selling these:

Ticker Return  
ABFS +3.3% Arkansas Best trucking company.
AVL -7.3% Aviall Inc. aerospace company. Ouch again.
AVP +1.7% Avon Products. Ding Dong.
CFC -3.7% Countrywide Financial. Ouch.
IMGC -10.9% Intermags Gen. medical equipment supply company. Another ouch.
PKOH +13.9% Park Ohio Holdings; this one offset all the other losses. Total return was +55.8%.
RD +0.6% Royal Dutch Petroleum.
SSTI -7.4% Silicon Storage Technology Inc. Ouch yet again.
TSO -17.5% Tesoro Petroleum. Ow. Make it stop.
VLO -16.9% Valero Energy. Ouch^2.

New stocks for this month:

Ticker Return  
ADSK N/A% Autodesk Inc.
APA N/A% Apache Corp. oil & gas.
BMHC N/A% Building Materials Holding Corp.
CCK N/A% Crown Holdings Inc., steel and aluminum cans.
CLF N/A% Cleveland-Cliffs Inc., producer of iron ore pellets. Heh.
MRCY N/A% Mercury Computer Systems.
NAFC N/A% Nash Finch Company.
OMM N/A% OMI Corp.
SMF N/A% Smart & Final, a California grocery store chain.

Next trade will be October 4.