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WFMI Update

posted Aug 6, 2009, 2:10 AM by Mohit Kumar   [ updated Aug 6, 2009, 2:11 AM ]
Portfolio Update

11 out of 12
stocks in our portfolio are profitable and we are looking well poised here! AOB gained steam over the last week and we were sitting on a profit of over 25% until today. Some allegations have been raised against the company causing the stock to plunge over 17% today! We will wait for a response from the CEO before we decide our next move. For now, we are happy to own this very promising small cap!

WFMI Update

Our top performer WFMI continues to silence its critics and today we are sitting on a mammoth profit of around 183%!!!! When we added WFMI to our portfolio few months back, 7 out of 10 analysts had a Sell rating on it, 2 had Hold rating and we proved them all wrong. The stock surged yesterday after a stronger than expected earnings report with a profit of $35 million. CEO John Mackey has been doing a great job to implement effective cost control and pricing measures. We are extremely proud of WFMI and can expect bigger things from it in future! Ironically, S&P has reiterated its Sell rating on WFMI but do we care? It is a quality stock and consider adding WFMI on dips. Some of you may choose to lock gains and reinvest.
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