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Update on portfolio

Today INFU reported that it won’t be going through with the buyout. The stock is back at what we bought it for. For me, the play was in the buyout. Since it is not going to happen, I sold my shares today. INFU is probably worth more than $2 for long-term investors, but it is not the play we were looking at.

Also, an update on our portfolio. I sold out of EXCO and SCIL when I bought INFU. This was due to the expected buyout. So I currently only have 3 holdings: BAC Warrants, MBIA,  and CHK. I’m looking at some other opportunities but nothing to pull the trigger on.

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