Bought 1% position at $45.73 – down 6% on the day.
Bought TSL – Trina Solar Ltd. ADR
May 29th, 2008Sold DRYS – Dryships, Inc.
May 28th, 2008Sold 2% position in DRYS at $93.27 (up 7.25% on the day) leaving a 2% position.
Sold SDA – Sadia SA (Brazilian food producer)
May 28th, 2008Sold entire 1.25% position in SDA at $25.25 (up 4.38% on the day) for an approximately 35% profit.
Bought STP – Suntech Power Holdings
May 28th, 2008Bought a 1% position in STP at $44.29 – down 3.75% on the day – for a total of of a 2% position
Bought PKX – Posco (Korean steel company)
May 28th, 2008Bought a 1% position in PoKX at $133.11 – down .1% on the day.
Bought CAF – Morgan Stanley China A Share Fund
May 28th, 2008Bought a 1% position in CAF at $44.00 – up 2% on the day.
Sold YPF – YPF Sociedade (Argentine oil & gas)
May 22nd, 2008Sold entire 3% position of YPF at $48.50 for about 3.5% profit (plus dividends). Still lightenng up on petroleum industry. Almost all of remaining positions (Peyto, Connacher, Oilsands Quest, Opti Canada and Alta Gas) are Canadian oil sands related.
Sold ERF position – Enerplus Resource Fund (Canadian oil & gas trust)
May 22nd, 2008Sold 2% position in ERF at 49.00 for a 12% gain (plus over 10% dividends received). Further lightening up on petroleum positions.
Bought more DRYS
May 22nd, 2008Bought 2% more DRYS at $93.25 (down 9% on the day) for a 4% position
Bought STP – Suntech Power Holdings
May 22nd, 2008Bought 1% position in STP at $48.95 pre-open.