My Portfolio as of January 27, 2008

Well, I'm about to show you my portfolio with current positions. I know that I have too many stocks and I am in over my head. I'm actually trading on margin alot more lately, trying to make a big move.

If you remember my big position that was really hurting me was Advanced Micro Devices (AMD). I had purchased 230 shares of it back in November at around $12 and in the following two months I watched it quickly sink to under $6 at one point. I realized I'd need it to jump more than 100% just to get back to my cost base. I really hated this stock. Watching it go down day after day was very frustrating. So it recently made a jump up to the high $7's on speculation that IBM was going to be taking them over. So at that point I sold all my shares and actually shorted AMD (risky, I know). The shares continued to rise in the following days but on Friday it took a 5% dip as the speculation of an IBM takeover died down.

I've tried to ignore some of my longer term positions lately and just concentrate on buying some stocks so I can watch them throughout the day. I recently purchased LULU and it had a 5% spike - so I sold.

Another recent trade was Colgate (CL), just before they reported earnings I shorted it. However, the stock has not moved up or down since announcing earnings.

Stay tuned in the following weeks as I trim down my portfolio and try to take some calculated risks in order to get a big return!

I've deposited a total of $10,700 into the brokerage account and if I liquidated all my positions now I would only be able to cash out $9,500 (so that is very frustrating).

Any tips or comments would be appreciated.

Name Symbol Last price Change Shares Cost basis Mkt value Gain Gain % Advanced Micro Devices, Inc. AMD 7.15 -0.43 -200 1430 -1430 57 3.99 Amazon.com, Inc. AMZN 77.6 -0.07 10 849 776 -73 -8.6 Bank of Montreal BMO 55.4 -0.89 40 2344 2216 -128 -5.46 Avis Budget Group Inc. CAR 11.43 -0.22 30 495 342.9 -152.1 -30.73 Canadian Imperial Venture Corp. CQV 0.07 0.01 5000 300 350 50 16.67 Google Inc. GOOG 566.4 -8.09 2 1357.84 1132.8 -225.04 -16.57 Imperial Oil Limited IMO 49.18 0.85 20 934.8 983.6 48.8 5.22 Kimberly-Clark Corporation KMB 64.08 -0.35 10 700 640.8 -59.2 -8.46 Leap Wireless International, Inc. LEAP 38.95 -0.19 17 698.87 662.15 -36.72 -5.25 Lexmark International, Inc. LXK 28.02 -0.61 40 1626 1120.8 -505.2 -31.07 Messina Minerals Inc. MMI 0.42 0.02 500 435 210 -225 -51.72 Rutter Inc. RUT 0.27 0.01 500 305 135 -170 -55.74 Sony Corporation (ADR) SNE 46.69 -0.8 20 935.4 933.8 -1.6 -0.17 Toronto-Dominion Bank TD 66.28 -1.02 25 1701.5 1657 -44.5 -2.62 Tristar Oil & Gas Limited TOG 12.68 0.02 50 467 634 167 35.76 Walgreen Company WAG 34.28 -0.71 20 806.4 685.6 -120.8 -14.98 Lululemon Athletica inc. LULU 30.67 -1.44 Yahoo! Inc. YHOO 21.94 0.25 -75 1645.5 -1645.5 -134.25 -8.16 Colgate-Palmolive Company CL 73.75 -0.71 -20 1475 -1475 -1.6 -0.11