ATI GOOD BUT NOT WORKING

ATY

Sold ATY today. Overall, this has been a disappointing pick. I think I should have been more opportunistic and sold them at 25 level. It is pretty hard to buy-and-hold on tech names these days, even good companies with decent fundamentals and valuation would not necessarily generate decent return, and ATY is a prime example. I put a bid for a couple of international energy old picks, and it does not appears that they will be filled.

Add three names (PFC, SGF, HBM) to re-deploy cash from ATY. All three names are rather speculative and will takes a lot of patient. Need to mention here that I used to own PFC but I sold it due to lack of patient. Big mistake. It has more than doubled. This is one thing I have to learn, that is to let your winners run.