iamvoltron (21.12)

Getting to 75 active stocks

February 24, 2008 – Comments (0) | RELATED TICKERS: KKD , TOPS , HERO

With the pending picks, I will have 76 stocks and will have to dispose of one (I don't want to track more than 75 active stocks in CAPS).

 I had  in mind to drop KKD at first. I have too many restaurants already on my liste considering the downturn. On the other hand, my picks are all casual/fast-food, so I hope they wheather the downturn better and I picked most (except for JMBA) at bargain prices.

But KKD, despite health concerns has room to grow internationally and general turnaround potential in the nex few years in my view, so I won't drop it. (I'm usually in for the long term in real life as in the CAPS game).

So I will probably get rid of TomTom or Garmin in the coming weeks since I don't like owning direct competitors - or a US retail stock. I don't know yet...

PS: if you want a fun list of 75 stocks, try here. These are 75 stocks picked because they form a word, funny portfolio idea...

http://caps.fool.com/ViewPlayer.aspx?t=01002025557798604466 

This is "A random walk down CAPS" at its finest. I happen to own at least two of the stocks - TOPS and HERO - from that list, although I picked them up based on price (TOPS) fundamentals (HERO) criteria :)