ACE'S Alpha Stocks

 
 

Home
Up
About Us
Performance
Free Views
Login / Logout
Stock Picks
Subscribe
Disclaimer
Glossary
Investor Resources
Home

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                           

 

     <-Back to "Findings"


ACE'S PORTFOLIO OF ALPHA STOCKS - 10-MO. PERFORMANCE REPORT  (Posted: 01/30/09)

SUMMARY: 7 stocks sold. Portfolio lost -5.53% in 8.56 months. The S&P 500 lost -9.16% in the same period.

During September 9, 2008 thru October 9, 2008, the intraday prices of ACE'S Alpha stocks went below their stop limit prices. "Sell flags" were thus triggered for the subject stocks and the stocks, subsequently, were virtually sold at their respective "over-the-limit" stop prices. Table A below summarizes the portfolio's line items, after the sells have been completed on October 9, 2008. 

RECAP: The portfolio currently has a market value of $63,226.90. The portfolio was launched December 17, 2007 and had a starting fund of $100,000. The portfolio thus has a total loss of $36,773.10 (or 36.77%) that was incurred in about 10-month investment period..

                                                                       TABLE A
                                                                       
ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                        (As of09/05/2008)
Stock Name,
(Business sector)
SYM CAP/
TYP
ASG "Flagged" Date "Flagged"
Date
Closing
Price/Sh.
"Flagged"
 Date
EMA-13
Price/Sh.
Buy Date "Opening"
Buy Price
/Sh.
Shrs.
Bought
Trade Fee Total Buy Cost "Stop Limit"
Sell Price
/Sh.
Sell) Date SelL Dt
Price/Sh.
Total Eval. (or Sell)
Mrkt/Net Proceeds
Months
Invested
Total
Net Gain (Loss)
%
Gain (Loss)
Deere & Co. (NYSE\Construction & Agri. Machinery)
Code Nm: Mach-1
DE L/V 52.02
(As of 12/12/07)
12/17/07 $85.05 $85.89 12/18/07 $82.04 118 $10.00 $10,045.90 $57.43 09/26/08 $54.50 $6,421.00 9.27 ($3,624.90) (36.08%)
Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
Code Nm: Oiler-1
PBR L/G 52.02
(As of 12/12/07)
12/17/07 $49.81 $51.95 12/18/07 $52.06 194 $10.00 $10,099.64 $36.08 10/06/08- $28.18 $5,456.92 9.60 ($4,642.72) (45.97%)
Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
Code Nm: Biotech-1 
NVO L/G 53.55
(As of 12/12/07)
12/19/07 $63.63 $64.29 12/20/07 $64.06 154 $10.00 $9,996.90 $44.85 10/09/08 $44.32 $6,799.88 9.63 ($3,197.02) (31.98%)
Potash Saskatchwn.
(NYSE\Non-metallic Mining)

Code Nm: Miner-1
 
POT L/G 53.55
(As of 12/12/07)
12/19/07 $123.85 $124.71 12/20/07 $132.21 80 $10.00 $10,049.20 $92.54 10/02/08 $92.50 $7,390.00 .9.40 ($2,659.20) (26.46%)
Denbury Res. Inc.
(NYSE\Oil & Gas Operations)

Code Nm: Oiler-2
 
DNR M/G 48.20
(As of 01/11/08)
01/10/08 $29.83 $32.04 01/11/08 $29.23 337 $10.00 $9,988.68 $20.46 09/16/08 $18.76 $6,312.12 8.17 ($3,676.56) (36.81%)
Mosaic Co., The
(NYSE\Chemical Manufacturing)

Code Nm: Chem-1
 
MOS L/G 42.84
(As of 01/18/08)
01/18/08 $80.02 $91.33 01/22/08 $80.15 139 $10.00 $9,995.49 $56.06 10/02/08 $39.41 $5,457.99 8.33 ($4,527.50) (45.30%)
Comp. Siderurgica Nacional
(NYSE\Iron & Steel)

Code Nm: Steel-1
 
SID L/G 45.90
(As of 02/15/08)
03/20/08 $35.54 $35.70 03/24/08 $34.66 190 $10.00 $6,838.60 $25.25 09/09/08 $23.88 $4,787.50 5.50 ($2,051.10) (29.99%)
 (Un-invested
Funds)
- - - - - - - - - - $3.01   - - $20,591.49 - - -
T  O  T  A  L  S - - - - - - - - 1362 $90.00 $96,888.89   -  - $63,226.90 8.56 ($24,379.00) (36.08%)

^Top page      <-Back to "Findings"


  • ACE'S PORTFOLIO OF ALPHA STOCKS - 7-MO. PERFORMANCE REPORT  (Posted: 09/05/08)

    SUMMARY: 3 stocks sold. Portfolio lost -5.53% in 7.21 months. The S&P 500 lost -9.16% in the same period.

    On July 2, 2008, the intraday price of an Alpha stock, Vimpel Communications (VIP), went below it's stop limit price. A "sell flag" was thus triggered for the subject stock and the stock, subsequently, was virtually sold on July 2, 2008 at its given stop limit price. On August 5, 2008, the intraday price of an Alpha stock, Comp. De Minas Buenaventura (BVN), went below it's stop limit price. A "sell flag" was thus triggered for the subject stock and the stock, subsequently, was virtually sold on August 5, 2008 at its given stop limit price. On August 8, 2008, the intraday price of an Alpha stock, Mobile Telesystems (MBT), went below it's stop limit price. A "sell flag" was thus triggered for the subject stock and the stock, subsequently, was virtually sold on August 8, 2008 at its given stop limit price. Table A below summarizes the portfolio's line items, after the sells have been completed on August 8, 2008. 

    The portfolio's mix of stocks as of August 8, 2008: 3 domestic and 4 foreign stocks; 1 Mid-cap and 6 Large-caps; 3 Good ASGs and 4 Very Good ASGs. Industries: Biotechnology & Drugs (1); Chemical Manufacturing (1); Iron & Steel (1); Construction & Agriculture Machinery (1);  Mining, Non-metallic (1); and Oil & Gas Operations (2). There are presently seven (7) Alpha stocks in the portfolio. The portfolio has $20,591.49 of un-invested funds.

    RECAP: The portfolio has a market value of $91,385.24, thus realizing a loss of $5,614.56 (or -5.53%) in about 7.21 months. (NOTE: The S&P 500 had a loss of -9.16% during the same period). The top gainer was Mosaic Co. (MOS) with a 48.34% gain made in about 7.23 months. Next best gainer was Potash Saskatchewan (POT) with a 38.10% gain made in about 7.94 months. Bottom gainer was Comp. De Minas Buenaventura (BVN) with a loss of 32.72% made in about 5.30 months. The BVN stock dropped below its Stop Limit and was sold. The funds from the stock sales ($20,588.48) are presently  un-invested.

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of09/05/2008)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price/Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Mrkt/Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $85.05 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $59.54 08/29/08 $70.57 $8,327.26 8.35 ($1,728.64) (17.21%)
    Mobile Telesystem (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $64.80 08/08/08 $63.95 $6,896.60 7.70 ($3,110.96) (31.09%)
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $49.81 $51.95 12/18/07 $52.06 194 $10.00 $10,099.64 $36.08 08/29/08- $52.74 $10,231.56 8.35 $131.92 1.31%
    Vimpel-Comm. (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $25.74 07/02/08 $25.78 $7,002.16 6.47 ($3,009.28) (30.06%)
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
    Code Nm: Biotech-1 
    NVO L/G 53.55
    (As of 12/12/07)
    12/19/07 $63.63 $64.29 12/20/07 $64.85 154 $10.00 $9,996.90 $45.40 08/29/08 $55.56 $8,556.24 8.32 ($1,440.66) (14.41%)
    Potash Saskatchwn.
    (NYSE\Non-metallic Mining)

    Code Nm: Miner-1
     
    POT L/G 53.55
    (As of 12/12/07)
    12/19/07 $123.85 $124.71 12/20/07 $125.49 80 $10.00 $10,049.20 $87.84 08/29/08 $173.60 $13,878.00 .7.94 $3,828.80 38.10%
    Denbury Res. Inc.
    (NYSE\Oil & Gas Operations)

    Code Nm: Oiler-2
     
    DNR M/G 48.20
    (As of 01/11/08)
    01/10/08 $29.83 $32.04 01/11/08 $29.64 337 $10.00 $9,988.68 $20.75 08/29/08 $24.89 $8,377.93 7.58 ($1,610.75) (16.13%)
    Mosaic Co., The
    (NYSE\Chemical Manufacturing)

    Code Nm: Chem-1
     
    MOS L/G 42.84
    (As of 01/18/08)
    01/18/08 $80.02 $91.33 01/22/08 $71.91 139 $10.00 $9,995.49 $50.34 08/29/08 $106.74 $14,826.86 7.23 $4,831.37 48.34%
    Comp. De Minas Buenaventura ADS
    (NYSE\Gold & Silver)

    Code Nm: Miner-2
     
    BVN M/G 47.43
    (As of 03/07/08)
    03/19/08 $71.17 $72.00 03/20/08 $68.03 292 $10.00 $9,942.38 $23.52 08/05/08 $22.91 $6,689.72 5.30 ($3,252.66) (32.72%)
    Comp. Siderurgica Nacional ADS
    (NYSE\Iron & Steel)

    Code Nm: Steel-1
     
    SID L/G 45.90
    (As of 02/15/08)
    03/20/08 $35.54 $35.70 03/24/08 $35.94 190 $10.00 $6,838.60 $26.16 08/29/08 $34.71 $6,595.90 5..16 ($253.70) (3.71%)
     (Un-invested
    Funds)
    - - - - - - - - - - $3.01   - - $20,591.49 - - -
    T  O  T  A  L  S - - - - - - - - 1362 $90.00 $96,888.89   -  - $91,385.24 7.21 ($5,614.56) (5.53%)

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.
                  

    ^Top page      <-Back to "Findings"




  • ACE'S PORTFOLIO OF ALPHA STOCKS - 3-MO. PERFORMANCE REPORT  (Posted: 04/16/08)

    SUMMARY: 1 stock sold, 2 new stocks bought. Portfolio gained 10.73% in 3 months.

    On February 6, 2008, the intraday price of an Alpha stock, Apple Inc. (AAPL), went below it's stop limit price. A "sell flag" was thus triggered for the subject stock and the stock, subsequently, was virtually sold on February 6, 2008 at its given stop limit price. On March 19, 2008, a new stock was included in ACE'S list of Alpha stocks: Comp. De Minas Buenaventura ADS (BVN). On this same date, the new Alpha's closing price dropped below its EMA-13. A "buy flag" was thus triggered and the stock, subsequently, was virtually bought at its opening price on March 20, 2008. On March 20, 2008, a new stock was included in ACE'S list of Alpha stocks: Comp. Siderurgica Nacional ADS (SID). On this same date, the new Alpha's closing price dropped below its EMA-13. A "buy flag" was thus triggered and the stock, subsequently, was virtually bought at its opening price on March 24, 2008. Table A below summarizes the portfolio's line items, after the sell and buys have been completed on March 24, 2008. 

    The portfolio's mix of stocks as of March 24, 2008: 3 domestic and 7 foreign stocks; 3 Mid-caps and 7 Large-caps; 5 Good ASGs and 5 Very Good ASGs. Industries: Biotechnology & Drugs (1); Chemical Manufacturing (1); Communication Services (2); Iron & Steel (1); Construction & Agriculture Machinery (1);  Mining, Non-metallic (1); Gold & Silver Mining (1); and Oil & Gas Operations (2). There are now ten (10) Alpha stocks in the portfolio. The portfolio's $100,000 investment funds is now fully invested.

    RECAP: The portfolio has a market value of $110,734.36, thus realizing a gain of $10,734.36 (or 10.73%) in about 3 months. The top gainer was Mosaic Co. (MOS) with a 58.92% gain made in about 2.80 months. Next best gainer was Potash Saskatchewan (POT) with a 39.04% gain made in about 3.90 months. Bottom gainer was Apple Inc. (AAPL) with a loss of 30.98% made in about 1.20 months. The Apple stock dropped below its Stop Limit and was sold. The freed and un-invested funds were used to buy Comp. de Minas Buenaventura (BVN) and Comp. Siderurgica Nacional (SID).

     

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of04/16/2008)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price/Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Mrkt/Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $85.05 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $59.54 04/15/08 $86.22 $10,163.96 3.97 $119.06 3.42%
    Mobile Telesystems (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $64.80 04/15/08 $78.03 $8,417.24 3.97 ($1,590.32) (14.98%)
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $99.82 $103.90 12/18/07 $103.09 97 $10.00 $10,009.73 $72.16 04/15/08- $123.10 $11,930.70 3.97 $1,920.97 18.23%
    Vimpel-Communicatons (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $25.74 04/15/08 $31.34 $8,514.48 3.97 ($1,496.96) (16.65%)
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
    Code Nm: Biotech-1 
    NVO L/G 53.55
    (As of 12/12/07)
    12/19/07 $63.63 $64.29 12/20/07 $64.85 154 $10.00 $9,996.90 $45.40 04/15/08 $70.95 $10,916.30 3.90 $919.40 10.76%
    Potash Saskatchwn.
    (NYSE\Non-metallic Mining)

    Code Nm: Miner-1
     
    POT L/G 53.55
    (As of 12/12/07)
    12/19/07 $123.85 $124.71 12/20/07 $125.49 80 $10.00 $10,049.20 $87.84 04/15/08 $184.41 $14,742.80 3.90 $4,693.60 39.04%
    Apple Inc.
    (NASD\Computer Hardware)

    Code Nm: Comp-1
     
    AAPL L/G 49.73
    (As of 01/11/08)
    01/10/08 $178.02 $184.87 01/11/08 $176.00 57 $10.00 ($10,032.00) $123.20 02/06/08 $121.77 $6,920.89 1.20 ($3,111.11) (30.98%)
    Denbury Res. Inc.
    (NYSE\Oil & Gas Operations)

    Code Nm: Oiler-2
     
    DNR M/G 48.20
    (As of 01/11/08)
    01/10/08 $29.83 $32.04 01/11/08 $29.64 337 $10.00 $9,988.68 $20.75 04/15/08 $30.87 $10,393.19 3.17 $404.51 5.61%
    Mosaic Co., The
    (NYSE\Chemical Manufacturing)

    Code Nm: Chem-1
     
    MOS L/G 42.84
    (As of 01/18/08)
    01/18/08 $80.02 $91.33 01/22/08 $71.91 139 $10.00 $9,995.49 $50.34 04/15/08 $127.60 $17,726.40 2.80 $7,730.91 58.92%
    Comp. De Minas Buenaventura ADS
    (NYSE\Gold & Silver)

    Code Nm: Miner-2
     
    BVN M/G 47.43
    (As of 03/07/08)
    03/19/08 $71.17 $72.00 03/20/08 $68.03 146 $10.00 $9,942.38 $47.62 04/15/08 $70.38 $10,265.48 0.87 $323.10 3.25%
    Comp. Siderurgica Nacional ADS
    (NYSE\Iron & Steel)

    Code Nm: Steel-1
     
    SID L/G 45.90
    (As of 02/15/08)
    03/20/08 $35.54 $35.70 03/24/08 $35.94 190 $10.00 $6,838.60 $26.16 04/15/08 $40.32 $7,660.80 0.73 $822.20 12.02%
     (Un-invested
    Funds)
    - - - - - - - - - - $3.01   - - $3.01 - - -
    T  O  T  A  L  S - - - - - - - - 1362 $90.00 $96,888.89   -  - $110,734.36 3.13 $10,734.36 10.73%

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.
                  

    ^Top page      <-Back to "Findings"


     

  • ACE'S PORTFOLIO OF ALPHA STOCKS - 1 NEW STOCK ADDED & BOUGHT  (Posted: 01/22/08)

    On January 19, 2008, a new stock was included in ACE'S list of Alpha stocks: Mosaic Co., The (MOS). On this same date, the new Alpha's closing price dropped below its EMA-13. A "buy flag" was thus triggered and the stock, subsequently, was virtually bought at its opening price on January 22, 2008. Table A below summarizes the portfolio's line items, after the buys have been completed on January 22, 2008. 

    The portfolio's mix of stocks as of January 22, 2008: 4 domestic and 5 foreign stocks; 2 Mid-caps and 7 Large-caps; 4 Good ASGs and 5 Very Good ASGs. Industries: Biotechnology & Drugs (1); Chemical Manufacturing (1); Communication Services (2); Computer Hardware (1); Construction & Agriculture Machinery (1);  Mining, Non-metallic (1); and Oil & Gas Operations (2). There are now nine (9) Alpha stocks in the portfolio; $90,136.90 of the $100,000 investment funds invested and $9,863.10 of the funds are un-invested.

    ACE'S will keep you updated on the portfolio's performance and transactions made therein. The portfolio will thus show how a similar portfolio in the real world works and perform.

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of01/22/2008)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price/Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $84.27 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $59.54 - - - - - -
    Mobile Telesystems (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $64.80 - - - - - -
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $99.82 $103.90 12/18/07 $103.09 97 $10.00 $10,009.73 $72.16 - - - - - -
    Vimpel-Communicatons (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $25.74 - - - - - -
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
    Code Nm: Biotech-1 
    NVO L/G 53.55
    (As of 12/12/07)
    12/19/07 $63.63 $64.29 12/20/07 $64.85 154 $10.00 $9,996.90 $45.40 - - - - - -
    Potash Sascatchwn.
    (NYSE\Non-metallic Mining)

    Code Nm: Miner-1
     
    POT L/G 53.55
    (As of 12/12/07)
    12/19/07 $123.85 $124.71 12/20/07 $125.49 80 $10.00 $10,049.20 $87.84 - - - - - -
    Apple Inc.
    (NASD\Computer Hardware)

    Code Nm: Comp-1
     
    AAPL L/G 49.73
    (As of 01/11/08)
    01/10/08 $178.02 $184.87 01/11/08 $176.00 57 $10.00 $10,032.00 $123.20 - - - - - -
    Denbury Res. Inc.
    (NYSE\Oil & Gas Operations)

    Code Nm: Oiler-2
     
    DNR M/G 48.20
    (As of 01/11/08)
    01/10/08 $29.83 $32.04 01/11/08 $29.64 337 $10.00 $9,988.68 $20.75 - - - - - -
    Mosaic Co., The
    (NYSE\Chemical Manufacturing)

    Code Nm: Chem-1
     
    MOS L/G 42.84
    (As of 01/18/08)
    01/18/08 $80.02 $91.33 01/22/08 $71.91 139 $10.00 $9,995.49 $50.34 - - - - - -
     (Un-invested
    Funds)
    - - - - - - - - - - $9,863.10   - - - - - -
    T  O  T  A  L  S - - - - - - - - 1362 $90.00 $100,000.00   -  - - - - -

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.
                  

    ^Top page      <-Back to "Findings"


     

  • ACE'S PORTFOLIO OF ALPHA STOCKS - 2 NEW STOCKS ADDED & BOUGHT  (Posted: 01/11/08)

        On January 10, 2008, two new stocks were included in ACE'S list of Alpha stocks: Apple Inc. (AAPL) and Denbury Resources Inc. (DNR). On this same date, the new Alphas' closing prices dropped below their respective EMA-13s. "Buy flags" were thus triggered for these stocks and they were, subsequently, virtually bought at their respective opening prices on January 11, 2008. Table A below summarizes the portfolio's line items, after the buys have been completed on January 11, 2008. 

    The portfolio's mix of stocks as of January 11, 2008: 3 domestic and 5 foreign stocks; 2 Mid-caps and 6 Large-caps; 3 Good ASGs and 5 Very Good ASGs. There are now eight (8) Alpha stocks in the portfolio; $80,141.41 of the $100,000 investment funds invested and $19,858.59 of the funds are un-invested.

    ACE'S will keep you regularly updated on the portfolio's performance and transactions made therein. The portfolio will thus show how a similar portfolio in the real world works and perform.

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of01/11/2008)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price/Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $84.27 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $59.54 - - - - - -
    Mobile Telesystems (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $64.80 - - - - - -
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $99.82 $103.90 12/18/07 $103.09 97 $10.00 $10,009.73 $72.16 - - - - - -
    Vimpel-Communicatons (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $25.74 - - - - - -
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
    Code Nm: Biotech-1 
    NVO L/G 53.55
    (As of 12/12/07)
    12/19/07 $63.63 $64.29 12/20/07 $64.85 154 $10.00 $9,996.90 $45.40 - - - - - -
    Potash Sascatchwn.
    (NYSE\Non-metallic Mining)

    Code Nm: Miner-1
     
    POT L/G 53.55
    (As of 12/12/07)
    12/19/07 $123.85 $124.71 12/20/07 $125.49 80 $10.00 $10,049.20 $87.84 - - - - - -
    Apple Inc.
    (NASD\Computer Hardware)

    Code Nm: Comp-1
     
    AAPL L/G 49.73
    (As of 01/11/08)
    01/10/08 $178.02 $184.87 01/11/08 $176.00 57 $10.00 $10,032.00 $123.20 - - - - - -
    Denbury Res. Inc.
    (NYSE\Oil & Gas Operations)

    Code Nm: Oiler-2
     
    DNR M/G 48.20
    (As of 01/11/08)
    01/10/08 $29.83 $32.04 01/11/08 $29.64 337 $10.00 $9,988.68 $20.75 - - - - - -
     (Un-invested
    Funds)
    - - - - - - - - - - $19,858.59   - - - - - -
    T  O  T  A  L  S - - - - - - - - 1223 $80.00 $100,000.00   -  - - - - -

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.              

    ^Top page      <-Back to "Findings"



     

  • ACE'S VIRTUAL PORTFOLIO OF ALPHA STOCKS - 2 ADDITIONAL STOCKS BOUGHT  (Posted: 12/20/07)

        On December 19, 2007, the following Alpha stocks' closing prices dropped below their respective EMA-13s: Potash Corp. Sascatchewan (POT) and Novo Nordisk (NVO). "Buy flags" were thus triggered for these stocks and they were, subsequently, virtually bought at their respective opening price on December 20, 2007. Table A below summarizes the portfolio's line items, after the buys have been completed on December 20, 2007. 

    The portfolio's mix of stocks as of December 20, 2007: 1 domestic (DE) and 5 foreign stocks; 1 Mid-cap (VIP) and 5 Large-caps; 1 each in the Construction & Agriculture Machinery, Integrated Oil & Gas, Biotechnology & Drugs, and Integrated Oil & Gas industries; and 2 in the Communication Services industry; 1 Good ASG (VIP) and 5 Very Good ASGs. There are now six (6) Alpha stocks in the portfolio; $60,120.73 of the $100,000 investment funds invested and $39,879.27 un-invested.

    ACE'S will keep you regularly updated on the portfolio's performance and transactions made therein. The portfolio will thus show how a similar portfolio in the real world works and perform.
     

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of 12/20/2007)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price
    /Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $84.27 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $59.54 - - - - - -
    Mobile Telesystems (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $64.80 - - - - - -
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $99.82 $103.90 12/18/07 $103.09 97 $10.00 $10,009.73 $72.16 - - - - - -
    Vimpel-Communicatons (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $25.74 - - - - - -
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs)
    Code Nm: Biotech-1 
    NVO L/G 53.55
    (As of 12/12/07)
    12/19/07 $63.63 $64.29 12/20/07 $64.85 154 $10.00 $9,996.90 $45.40 - - - - - -
    Potash Saskatchwn.
    (NYSE\Non-metallic Mining)

    Code Nm: Miner-1
     
    POT L/G 53.55
    (As of 12/12/07)
    12/19/07 $123.85 $124.71 12/20/07 $125.49 80 $10.00 $10,049.20 $87.84 - - - - - -
     (Un-invested
    Funds)
    - - - - - - - - - - $39,879.27   - - - - - -
    T  O  T  A  L  S - - - - - - - - 829 $60.00 $100,000.00   -  - - - - -

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.              

    ^Top page      <-Back to "Findings"


  • USING ACE'S ALPHA STOCKS TO BUILD A ROBUST PORTFOLIO  (Posted: 12/18/07)

        Let us continue with our write-up "Alpha Stocks - The Best of ACE'S" and use our Alpha stocks to build a robust portfolio. Our portfolio will be virtual and will have the following simple strategy;

        1. Buy ACE'S Alpha stocks only;
        2. Buy a stock only when it's closing price has dropped lower than its EMA-13 price;
        3. Sell a stock after 12 months OR if the stock's original buy price drops by 30% (whichever of these two events happens first).

    Special Notes:

        1. On Item 2 above, the flag for our buy point would be the closing price of the subject stock dropping below its EMA-13 price. Our trading rule will then be: Knowing the stock's lower-than-its-EMA closing price, the actual buy will be made the following day and the buy price will be the subject stock's opening price.
        2. Our total investment funds is $100,000.
        3. We will allocate $10,000 for each portfolio stock.
        4. A trade's (buy or sell) cost will be $10.00.
        5. Our portfolio's creation date was December 17, 2007.


        On December 17, 2007, the following Alpha stocks did indeed have closing prices below their respective EMA-13s: Deere & Co. (DE), Mobile Telesystems (MBT), Petroleo Brasileiro (PBR) and Vimpel-Communications (VIP). "Buy flags" were thus triggered for these stocks and they were, subsequently, virtually bought at their respective opening price on December 18, 2007. Table A below summarizes the portfolio's line items, after the buys have been completed on December 18, 2007. 

    The portfolio's mix of stocks as of December 18, 2007: 1 domestic (DE) and 3 foreign stocks; 1 Mid-cap (VIP) and 3 Large-caps; 1 each in the Construction & Agriculture Machinery and Integrated Oil & Gas industries; and 2 in the Communication Services industry; 1 Good ASG (VIP) and 3 Very Good ASGs.

    ACE'S will keep you regularly updated on the portfolio's performance and transactions made related to the portfolio. The portfolio will thus show how a similar portfolio in the real world works and perform.

     

                                                                           TABLE A
                                                                           
    ACE'S  VIRTUAL PORTFOLIO OF ALPHA STOCKS
                                                                            (As of 12/18/2007)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG "Flagged" Date "Flagged"
    Date
    Closing
    Price
    /Sh.
    "Flagged"
     Date
    EMA-13
    Price/Sh.
    Buy Date "Opening"
    Buy Price
    /Sh.
    Shrs.
    Bought
    Trade Fee Total Buy Cost "Stop Limit"
    Sell Price
    /Sh.
    Eval. (or Sell) Date Eval. (or Sell) Dt
    Price/Sh.
    Total Eval. (or Sell)
    Net Proceeds
    Months
    Invested
    Total
    Net Gain (Loss)
    %
    Gain (Loss)
    Deere & Co. (NYSE\Construction & Agri. Machinery)
    Code Nm: Mach-1
    DE L/V 52.02
    (As of 12/12/07)
    12/17/07 $84.27 $85.89 12/18/07 $85.05 118 $10.00 $10,045.90 $72.29 - - - - - -
    Mobile Telesystems (NYSE\Communication Services)
    Code Nm: Comm-1
    MBT L/G 54.32
    (As of 12/12/07)
    12/17/07 $89.95 $93.33 12/18/07 $92.57 108 $10.00 $10,007.56 $78.68 - - - - - -
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated)
    Code Nm: Oiler-1
    PBR L/G 52.02
    (As of 12/12/07)
    12/17/07 $99.82 $103.90 12/18/07 $103.09 97 $10.00 $10,009.73 $87.63 - - - - - -
    Vimpel-Communicatons (NASD\Communication Services)
    Code Nm: Comm-2
    VIP M/G 48.96
    (As of 12/12/07)
    12/17/07 $35.74 $36.72 12/18/07 $36.77 272 $10.00 $10,011.44 $31.25 - - - - - -
     (Un-invested
    Funds)
    - - - - - - - - - - $59,925.37   - - - - - -
    T  O  T  A  L  S - - - - - - - - 595 $10.00 $100,000.00   -  - - - - -

    Legend:  "Code Nm:" - The code name given to its portfolio stock. The name is used for general public messaging or announcement of portfolio performance and/or activities.
                   "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                    "Flagged Date" - Date when subject stock's closing price dropped below its EMA-13 price."
                    "Buy Date" - The market date immediately following the "Flagged Date".
                    "Opening Buy Price/Sh." - The subject stock's "Opening" price on its "Buy Date".
                    "Stop Limit Sell Price/Sh." - The price when reached will trigger the stock to be sold automatically. The Stop Limit price is 70% of the subject stock's "Buy Price".
                    "Eval. (or Sell) Date" - The subject stock's closing price on its evaluation (or sell) date
                    "Eval. (or Sell) Dt Price/Sh." - The subject stock's closing price at its related evaluation (or sell) date"
                    "(Uninvested Funds) - In the real world, ACE'S' broker would automatically place these funds in a Money Market account (which will generate some returns to ACE'S).
                                                      For this portfolio, to keep things simple,  we will not account for any Money Market earnings for Uninvested Funds.              

    ^Top page      <-Back to "Findings"


  • ALPHA STOCKS ~ THE BEST OF ACE'S   (Posted: 1214/07)

    In the stock buying process, a constant challenge for the investor is identifying that one good stock (for that particular time) to buy and, supposedly having done the latter, "pinpointing" the time when to buy that one good stock. Assuming that the investor is an ACE'S subscriber, the investor then has choice among ACE'S total 160 plus "picks" to date; or the 45 plus current year "picks"; or the 1 - 5 current month's "picks". A lot of "picks" to choose from.  ACE'S then thought: If  ACE'S is an investor and has to pick that one "Great" stock from its 160 plus "picks" to date, which would that one stock be? To find out, we have to mine the stocks. And what would be the criteria to mine for that one "Great" stock? OK, for the criteria,  ACE'S would factor in the following:

        - high ASGs
        - demonstrated long-term price stability
        - demonstrated long-term price growth
        - companies that are at least 3-5 years old
        - companies that are in industries with strong price performance

    Good news! The mining process yielded not only 1 but 6 "Great" stocks (let's call them "Alpha Stocks"). 

    FINDINGS: These select stocks are in the following industries: Communication Services, Biotechnology & Drugs, Non-metallic Mining, Construction & Agricultural Machinery, and Oil & Gas - Integrated. There are 5 Large-caps and 1 Mid-cap. The average ASG of these stocks is 52.40 (which translates to Very Good). 5 of the 6 stocks are foreign stocks. The best performer was Vimpel-Communications (VIP) with a 4.5-month gain of 90.23%. The least gainer was Mobile Telesystems (MBT) with a 19-day gain of 11.61%. On a per month basis, the top performer was Petroleo Brasileiro (PBR) with a 40.68% gain per month. The average gain of the 6 stocks is 37.33% (made in the averaged invested time of 3.08 months).

    Here they are - ACE'S Alpha Stocks (SEE: Table A below).

    OK, now that we have the Alpha stocks, how would ACE'S use the knowledge for optimum gain? It's basically a simple process (which requires  some patience for the intended event to develop).  ACE'S would monitor the current prices of the Alpha stocks vis-a-vis their corresponding EMAs; and when the price(s) of a stock(s) comes very close to or goes below their EMAs (e.g., below their EMA-13), that would be the signal -- the "pinpointed" time mentioned earlier -- for ACE'S to initiate the buy for the particular stock(s). (SEE: How the EMAs are put to actual use by ACE'S;  and the write-up "Does It Matter Buying A Stock Below or Above its EMA?).

                                                                           TABLE A
                                                                            ALPHA STOCKS ~ THE
    BEST OF ACE'S
                                                                            (As of 12/12/2007)
    Stock Name,
    (Business sector)
    SYM CAP/
    TYP
    ASG Buy
    Timeliness
    Value (BTV)
    "Alpha"
    Listing
    Date
    "Alpha"
    Delist. Date
    Pick Date Pick Date
    Price
    Eval.
    Date
    Eval. Dt
    Price
    Months
    Invested
    %
    Gain (Loss)
    Mobile Telesystems (NYSE\Communication Services) MBT L/G 54.32
    (As of 12/12/07)
    3.04
    (As of 12/12/07)
    12/12/07 - 11/23/07 $84.77 12/12/07 $94.61 0.63 11.61%
    Novo Nordisk A.S. (NYSE\Biotechnology & Drugs) NVO L/G 53.55
    (As of 12/12/07)
    4.66
    (As of 12/12/07)
    12/12/07 - 07/20/07 $109.93 12/12/07 $132.08 4.73 20.15%
    Potash Corp. Sascatchewan (NYSE\Non-metallic Mining) POT L/G 53.55
    (As of 12/12/07)
    2.22
    (As of 12/12/07)
    12/12/07 - 06/15/07 $77.37 12/12/07 $129.54 6.00 67.43%
    Deere & Co. (NYSE\Construction & Agri. Machinery) DE L/V 52.02
    (As of 12/12/07)
    3.31
    (As of 12/12/07)
    12/12/07 - 10/05/07 $74.31 12/12/07 $87.90 2.23 18.29%
    Petroleo Brasileiro S.A. (NYSE\Oil & Gas - Integrated) PBR L/G 52.02
    (As of 12/12/07)
    2.59
    (As of 12/12/07)
    12/12/07 - 11/30//07 $96.30 12/12/07 $111.97 0.40 16.27%
    Vimpel-Communicatons (NASD\Communication Services) VIP M/G 48.96
    (As of 12/12/07)
    2.06
    (As of 12/12/07)
    12/12/07 - 07/27//07 $20.26 12/12/07 $38.5 4.50 90.23%
    AVERAGES 52.40
    (As of 12/12/07)
    2.55
    (As of 12/12/07)
    3.08 37.33%

    Legend:  "CAP/TYP" - Capitalization / Type (L - Large-cap, M - Mid-cap, S - Small-cap; /G - Growth stock, /V - Value stock)
                   "ASG" - ACE'S Stock Grade
                   "Eval. Date" - Price evaluation date
                   "Eval. Dt Price" - Stock's price at the given evaluation date"
                   "Buy Timeliness Value (BTV)" - a measure of the relative timeliness of buying a particular stock. The value is determined from the relationship of a stock's
                                     recent EMA and its ASG values. A higher BTV value is considered to be more timely. For example, in the above table, Mobile Telesystems has a
                                     higher ASG but Novo Nordisk -- which has a higher BTV  -- is a more timely buy on 12/12/07.

    ^Top page      <-Back to "Findings"


     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

  •  

      Last modified: 10/12/14