The Deen's ListTM
Our goal since Oct. 2005: Outperform the S&P through up markets and down.
A service of Deen Capital Management, Inc. (www.deencapital.com)
Vol.7 #313 Tuesday, December 22, 2009 12:00PM EST

Please read carefully our disclaimers at the end of this newsletter.

Market Stance: BULLISH (since December 1, 2009)

Contents

Performance
Sold China Education Alliance (CEU) -10.1%
Sold Hi-Tech Pharmacal Co. Inc. (HITK) +21.6%
Open Positions
Subscription Information
Privacy Policy
Disclaimers
Contact Us

Performance

Deen Capital S&P 500
Year-to-date as of December 21, 2009 +24.0% * +26.3%
12 months (Dec 21, 2008 to Dec 21, 2009) +25.5% * +28.6%
24 months (Dec 21, 2007 to Dec 21, 2009) -8.9% * -21.3%
36 months (Dec 21, 2006 to Dec 21, 2009) +17.5% * -16.2%
48 months (Dec 21, 2005 to Dec 21, 2009) +41.0% * -4.1%

* An average of managed accounts, net after all commissions and fees.

Click here for more performance data.

Click here for information on managed accounts.

Sold China Education Alliance (CEU) -10.1%

Net sell price in managed accounts*$5.75
Date(s) boughtDec 8 2009
Net buy price in managed accounts*$6.40
Holding period2.0 weeks
Gain/loss in managed accounts*-10.1% (after commissions)

* Buy and sell prices shown are net after commissions and fees. This means that the gain/loss shown is also net after transaction expenses.

Today, Tuesday, December 22, 2009, I sold CEU, first for client accounts, then for my personal accounts.

I am selling CEU because it has three times closed below my stop loss price of $5.98, and this morning it is down again. There has been no follow-through buying since the Dec 8 breakout.

-KD, Tuesday, December 22, 2009

Sold Hi-Tech Pharmacal Co. Inc. (HITK) +21.6%

Net sell price in managed accounts*$29.20
Date(s) boughtDec 9 2009
Net buy price in managed accounts*$24.01
Holding period1.9 weeks
Gain/loss in managed accounts*+21.6% (after commissions)

* Buy and sell prices shown are net after commissions and fees. This means that the gain/loss shown is also net after transaction expenses.

Today, Tuesday, December 22, 2009, I sold HITK, first for client accounts, then for my personal accounts.

I am selling this morning because earlier this morning it hit my target price. I had set a target price of $29.5. The $30 area was a top for this stock in 2003 and 3005. It could be a top again. Today's high (so far) is $29.60.

-KD, Tuesday, December 22, 2009

Open Positions

Model Portfolio

Company Name Stock
Symbol
Buy
Date
NetBuy
Price*
Current
Price**
Weeks
Held
% of
Portfolio
Gain
(Loss)
Research In Motion RIMM 12/21/09 $69.74 $67.53 0.1 4.8% -3.2%
Credit Acceptance Corp. CACC 12/17/09 $39.16 $41.32 0.7 5.2% +5.5%
AsiaInfo Holdings Inc. ASIA 12/08/09 $29.79 $30.39 2.0 5.0% +2.0%
China Sky One Medical CSKI 12/03/09 $17.40 $21.13 2.7 6.1% +21.5%
Cyberonics Inc. CYBX 12/02/09 $18.06 $20.74 2.9 5.1% +14.9%
SmartHeat Inc. HEAT 11/30/09 $13.03 $14.64 3.1 5.3% +12.4%
Telestone Technology TSTC 11/25/09 $13.63 $17.73 3.9 6.2% +30.1%
S&P Depositary Receipt SPY 11/25/09 $111.39 $111.56 3.9 24.6% +0.2%
S&P Depositary Receipt SPY 11/16/09 $110.45 $111.56 5.1 19.2% +1.0%
Priceline.com Inc. PCLN 11/10/09 $203.56 $220.72 6.0 5.1% +8.4%
Cash 13.3%  
Total 100%  

* Buy prices shown are net after commissions and fees.

** Current prices are at least 20 minutes old.

Subscription Information

Welcome to The Deen's ListTM, an e-mail stock newsletter from Deen Capital Management, Inc.

My intention is to inform you as quickly as is practical regarding my stock market moves. When I buy or sell a stock, first I take care of client accounts, then I buy/sell for my personal account(s), and then, third, I send out this newsletter.

Your feedback is welcome. Send e-mail to deenslist@deencapital.com. To subscribe or unsubscribe, include the word "subscribe" or "unsubscribe" in the Subject line.

This newsletter is free to managed account clients. For a limited time, it is also free to all interested parties.

Privacy Policy

Your personal information, including your e-mail address, will be held in strict confidence by Deen Capital Management, Inc. We will not share it with or sell it to others.

Disclaimers

All stocks discussed in The Deen's ListTM involve a high degree of risk. It should not be assumed that any stock discussed in The Deen's ListTM or purchased by Deen Capital Management, Inc. will be profitable.

Past performance is not necessarily indicative of future results.

The information contained herein has been compiled from sources deemed to be reliable; however, we are not responsible for its accuracy or completeness.

Contact Us

The Deen's List
PO Box 30925
Santa Barbara, CA 93130
(800) 353-4990
deenslist@deencapital.com

Copyright © 2009 Deen Capital Management, Inc.