First Scheduled Sale of Stocks -- Some Winners and a Big Loser

If you've read my previous post summarizing my first-year results, you know it's been a pretty good year. Part of the Greenblatt strategy is to hold for roughly a year, which means for the first time, I've been selling as well as buying.

Here's the stocks that were up for evaluation:

• HNR -- -27.60%. No longer on the MFI list. A definite sell.
• RATE -- +19.4%. A small impulse purchase that wasn't part of the MFI list, but up nicely anyway.
• ELOS -- +21.58%. Selling to capture the gain (at the more favorable long-term tax rate)
• XJT -- +5.86%. This one's a bit trickier. It's been up much higher over the past year while I held it, and it's still appearing on the MFI list. I've decided to hold on to it for now.

I've also added previous holdings to my holdings report for your enjoyment. You'll notice JH on there, appearing as sold well before the 1-year mark -- JH was acquired while I was holding it, and I got a nice 40% premium over my purchase price (which is in fact the average premium paid in an acquisition).