Today in Class: We discussed the online presence of SMIF (on Twitter, Facebook, and this website), heard the accounting report, discussed filling out sectors with ETFs, and presented additional Buy/Hold/Sells.

Accounting Report, click here for full report.  Notably we were called out on AFL and EBAY and are currently holding over 55% of the portfolio in cash.

Buy/Hold/Sells

• EMB by Tom: Hold
• VTR by Alec: Hold
• AAPL by Arvi: Hold
• AXP by Vince: Hold
• FSTR by Ryan: Hold
• TIP by Brendan: Hold
• BMY by Oliver: Hold
• DEO by Stefanie: Hold
• INTC by Jordan: Hold
• KO by Erin: Hold
• LVS by Erin: Hold
• BLK by Lindsay: Hold.  The class also decided to sell (20-0-1) April $195 calls.
• UPS by Jeff: Sell.  The class voted to sell (21-0) all shares at $74.98.  This decision was reached due to worries about Europe and Asia, influenced in part by the IMF’s recent forecast of growth cuts globally.
• GLD by Will: Hold
• SCCO by Will: Hold

Read full minutes here: 1-24-12AM and 1-24-12PM