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Michael Price Buys The Dow Chemical Company, Embarq Corp., Forest City Enterprises Inc., Wells Fargo, Sells Charlotte Russe Holding Inc., Delta Air Lines Inc.

Michael Price made himself a billionaire by being a good investor. He taught other value investors like David Winters and Seth Klarman, and made them rich too. Michael Prices likes to invest in small cap stocks. He owns 103 stocks with a total value of $285 million. This is the Q2 portfolio of his firm, MFP Investors, LLc.

Michael Price buys The Dow Chemical Company, Embarq Corp., Forest City Enterprises Inc., Wells Fargo & Company, Transatlantic Holdings Inc., The Pepsi Bottling Group Inc., Regions Financial Corp., PepsiAmericas Inc., HECKMANN CORPORATION, Huntsman Corp., Websense Inc., WellCare Health Plans Inc., Valero Energy Corp., South Financial Group Inc., JPMorgan Chase & Co., SunTrust Banks Inc., Enzon Inc., ScheringPlough Corp., Centex Corp., Financial Security Assurance Holdings Lt, MetroPCS Communications Inc., Somerset Hills Bancorp, Cross Co, Fifth Third Bancorp, sells Charlotte Russe Holding Inc., Delta Air Lines Inc., The Goodyear Tire & Rubber Company, Gevity HR Inc., HearstArgyle Television Inc., Northeast Community Bancorp Inc., REVLON INC, Tyco Electronics Ltd., Thomas Properties Group Inc. during the 3-months ended 06/30/2009, according to the most recent filings of his investment company, MFP Investors LLC. Michael Price owns 103 stocks with a total value of $285 million. These are the details of the buys and sells.

New Purchases: ATX, CTX, DOW, ENZN, FCE-A, FITB, FSF, HEK, HUN, JPM, PAS, PBG, PCS, RF, SGP, SOMH, STI, TRH, TSFG, VLO, WBSN, WCG, WFC,

Added Positions: BRT, HRS, OLP, TFSL, TRA, UTR, WPO, WYE,

Reduced Positions: ABFS, HBCP, MFW, PBIP, PGC, RDC,

Sold Out: CHIC, DAL, GT, NECB, REV, TEL, TPGI,

For the details of Michael Price's stock buys and sells, go to the Link Here

This is the sector weightings of Michael Price's portfolio:

Technology 2% 2%
Financials 33.4% 33.4%
Utilities 3.4% 3.4%
Telecommunications 3.8% 3.8%
Consumer Services 11.8% 11.8%
Health Care 5.2% 5.2%
Consumer Goods 6% 6%
Industrials 10.3% 10.3%
Basic Materials 12% 12%
Oil & Gas 11.4% 11.4%


These are the top 5 holdings of Michael Price

  1. ConocoPhillips (COP) - 346,500 shares, 5.1% of the total portfolio
  2. Kaiser Aluminum Corp. (KALU) - 260,000 shares, 3.27% of the total portfolio
  3. Encore Capital Group Inc (ECPG) - 623,735 shares, 2.89% of the total portfolio
  4. IngersollRand Company Ltd. (IR) - 396,034 shares, 2.89% of the total portfolio
  5. Terra Industries Inc. (TRA) - 321,600 shares, 2.72% of the total portfolio


Added: Wyeth (WYE)

Michael Price added to his holdings in Wyeth by 317.14%. His purchase prices were between $41.55 and $44.74, with an estimated average price of $43.5. The impact to his portfolio due to this purchase was 1.76%. His holdings were 146,000 shares as of 06/30/2009.

Wyeth is one of the world's largest research-driven pharmaceutical and health care products companies. It is a leader in the discovery development manufacturing and marketing of pharmaceuticals vaccines biotechnology products and non-prescription medicines that improve the quality of life for people worldwide. The Company's major divisions include Wyeth Pharmaceuticals Wyeth Consumer Healthcare and Fort Dodge Animal Health. Wyeth has a market cap of $62.68 billion; its shares were traded at around $46.99 with a P/E ratio of 13.24 and P/S ratio of 2.75. The dividend yield of Wyeth stocks is 2.55%. Wyeth had an annual average earning growth of 5.8% over the past 10 years.

Added: Terra Industries Inc. (TRA)

Michael Price added to his holdings in Terra Industries Inc. by 139.64%. His purchase prices were between $25.02 and $30.02, with an estimated average price of $27.2. The impact to his portfolio due to this purchase was 1.58%. His holdings were 321,600 shares as of 06/30/2009.

Terra Industries Inc. is an industry leader in the production and marketing of both nitrogen products and methanol. Terra is one of the largest producers of anhydrous ammonia and nitrogen solutions in the United States and Canada and of ammonium nitrate in the United Kingdom. In addition Terra is one of the largest U.S. producers and marketers of methanol. Terra Industries Inc. has a market cap of $3.26 billion; its shares were traded at around $32.72 with a P/E ratio of 7.45 and P/S ratio of 1.13. The dividend yield of Terra Industries Inc. stocks is 1.22%. Terra Industries Inc. had an annual average earning growth of 53.1% over the past 5 years.

Added: Harris Corp. (HRS)

Michael Price added to his holdings in Harris Corp. by 107.69%. His purchase prices were between $28.35 and $31.08, with an estimated average price of $29.8. The impact to his portfolio due to this purchase was 0.69%. His holdings were 135,000 shares as of 06/30/2009.

Harris Corporation is an international company focused on communicationsequipment for voice data and video applications. The company structures its operations around five operating divisions which divisions have been organized on the basis of specific communications technology and markets. For the most part each operating division has its own marketingengineering manufacturing and service organization. The company produces most of the products it sells except for certain broadcast products sold by the Broadcast Communications Division. Harris Corp. has a market cap of $4.42 billion; its shares were traded at around $33.38 with a P/E ratio of 8.58 and P/S ratio of 0.88. The dividend yield of Harris Corp. stocks is 2.4%. Harris Corp. had an annual average earning growth of 21.3% over the past 10 years.

Added: The Washington Post Company (WPO)

Michael Price added to his holdings in The Washington Post Company by 1600%. His purchase prices were between $340.47 and $423.28, with an estimated average price of $368.7. The impact to his portfolio due to this purchase was 0.4%. His holdings were 3,400 shares as of 06/30/2009.

The Washington Post Company's principal business activities consist of newspaper publishing (principally The Washington Post) television broadcasting (through the ownership and operation of six network-affiliated stations) the ownership and operation of cable televisionsystems magazine publishing (principally Newsweek magazine) and (through its Kaplan subsidiary) the provision of educational and career development services. The Washington Post Company has a market cap of $4.43 billion; its shares were traded at around $471.3 with a P/E ratio of 19.32 and P/S ratio of 0.99. The dividend yield of The Washington Post Company stocks is 1.82%. The Washington Post Company had an annual average earning growth of 4.7% over the past 10 years. GuruFocus rated The Washington Post Company the business predictability rank of 3-star.

Added: Unitrin Inc. (UTR)

Michael Price added to his holdings in Unitrin Inc. by 63.83%. His purchase prices were between $11.88 and $16.95, with an estimated average price of $14.9. The impact to his portfolio due to this purchase was 0.22%. His holdings were 135,000 shares as of 06/30/2009.

Unitrin Inc. conducts its operations through its subsidiaries that serve the basic financial needs of individuals families and small businesses by providing property and casualty insurance life and health insurance and consumer finance services. Unitrin's subsidiaries currently operate in three segments: Property and Casualty Insurance Life and Health Insurance and Consumer Finance. Unitrin Inc. has a market cap of $1.06 billion; its shares were traded at around $16.99 with a P/E ratio of 15.31 and P/S ratio of 0.39. The dividend yield of Unitrin Inc. stocks is 4.71%. Unitrin Inc. had an annual average earning growth of 6.9% over the past 10 years.

Added: TFS Financial Corp. (TFSL)

Michael Price added to his holdings in TFS Financial Corp. by 20.22%. His purchase prices were between $10.62 and $12.29, with an estimated average price of $11.4. The impact to his portfolio due to this purchase was 0.17%. His holdings were 276,500 shares as of 06/30/2009.

TFS Financial Corporation is a federally chartered stock holding company conducts its activities through its wholly owned subsidiaries. The line of business of the Company is retail consumer banking mortgage lending deposit gathering and other financial services. The Company's operating subsidiaries include Third Federal Savings and Loan Association of Cleveland and Third Capital Inc. Third Federal Savings and Loan Association offers various deposit accounts including savings accounts NOW accounts certificates of deposit and individual retirement accounts and other qualified plan accounts. Third Capital engages in net lease transactions of commercial buildings; maintains investments in private equity funds; provides escrow and settlement services; and reinsures private mortgage insurance on residential mortgage loans. The company is based in Cleveland Ohio. TFS Financial Corp. has a market cap of $3.58 billion; its shares were traded at around $11.56 with a P/E ratio of 88.92 and P/S ratio of 5.98. The dividend yield of TFS Financial Corp. stocks is 2.42%.

Added: BRT Realty Trust (BRT)

Michael Price added to his holdings in BRT Realty Trust by 86.99%. His purchase prices were between $3.59 and $5.66, with an estimated average price of $4.2. The impact to his portfolio due to this purchase was 0.09%. His holdings were 124,813 shares as of 06/30/2009.

BRT is a real estate investment trust. BRT's primary business activity is to originate and hold for investment for its own account senior real estate mortgage loans secured by income producing real property and to a lesser extent junior real estate mortgage loans secured by income producing real property and senior mortgage loans secured by undeveloped real property. BRT Realty Trust has a market cap of $52.98 million; its shares were traded at around $4.55 with and P/S ratio of 2.3. BRT Realty Trust had an annual average earning growth of 20.1% over the past 5 years.

Added: One Liberty Properties Inc. (OLP)

Michael Price added to his holdings in One Liberty Properties Inc. by 42.6%. His purchase prices were between $3.63 and $6.32, with an estimated average price of $5. The impact to his portfolio due to this purchase was 0.07%. His holdings were 112,387 shares as of 06/30/2009.

ONE LIBERTY PROPERTIES INC. is a real estate investment trust which invests primarily in improved commercial real estate under long-term net lease. One Liberty Properties Inc. has a market cap of $86.26 million; its shares were traded at around $8.09 with a P/E ratio of 4.3 and P/S ratio of 2.14. The dividend yield of One Liberty Properties Inc. stocks is 7.17%. One Liberty Properties Inc. had an annual average earning growth of 1.5% over the past 5 years.

New Purchase: The Dow Chemical Company (DOW)

Michael Price initiated holdings in The Dow Chemical Company. His purchase prices were between $10.84 and $17.51, with an estimated average price of $15.6. The impact to his portfolio due to this purchase was 2.26%. His holdings were 400,000 shares as of 06/30/2009.

Dow Chemical Company is a science and technology company that provides innovative chemical plastic and agricultural products and services to many essential consumer markets. Dow serves customers in countries across the globe and a wide range of markets that are vital to human progress including food transportation health and medicine personal and home care and building and construction among others. Committed to the principles of sustainable development Dow seeks to balance economic environmental and social responsibilities. (Company Press Release) The Dow Chemical Company has a market cap of $24.62 billion; its shares were traded at around $22.13 with a P/E ratio of 147.53 and P/S ratio of 0.43. The dividend yield of The Dow Chemical Company stocks is 2.71%. The Dow Chemical Company had an annual average earning growth of 3.8% over the past 10 years.

New Purchase: Forest City Enterprises Inc. (FCE-A)

Michael Price initiated holdings in Forest City Enterprises Inc.. His purchase prices were between $6.25 and $8.94, with an estimated average price of $7.3. The impact to his portfolio due to this purchase was 2.11%. His holdings were 915,000 shares as of 06/30/2009.

FOREST CITY ENTERPRI INC. is a national real estate company which acquires develops lease & manages residential properties; owns acquires develops & manages retail office & urban entertainment projects; acquires & sells both raw land & developed lots to commercial industrial & residential users; & acts as a wholesale lumber trading company. Forest City Enterprises Inc. has a market cap of $794.52 million; its shares were traded at around $7.68 with and P/S ratio of 0.62. Forest City Enterprises Inc. had an annual average earning growth of 5.5% over the past 10 years. GuruFocus rated Forest City Enterprises Inc. the business predictability rank of 5-star.

New Purchase: Wells Fargo & Company (WFC)

Michael Price initiated holdings in Wells Fargo & Company. His purchase prices were between $19.53 and $28.13, with an estimated average price of $23.4. The impact to his portfolio due to this purchase was 1.71%. His holdings were 202,000 shares as of 06/30/2009.

Wells Fargo & Company is a diversified financial services company providing banking insurance investments mortgage and consumer finance services through stores its Internet site and other distribution channels across North America as well as internationally. (Company Press Release) Wells Fargo & Company has a market cap of $130.47 billion; its shares were traded at around $27.73 with a P/E ratio of 31.16 and P/S ratio of 2.51. The dividend yield of Wells Fargo & Company stocks is 0.72%. Wells Fargo & Company had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Wells Fargo & Company the business predictability rank of 4-star.

New Purchase: Transatlantic Holdings Inc. (TRH)

Michael Price initiated holdings in Transatlantic Holdings Inc.. His purchase prices were between $37.81 and $44.32, with an estimated average price of $41. The impact to his portfolio due to this purchase was 1.4%. His holdings were 92,500 shares as of 06/30/2009.

Transatlantic Holdings through its wholly-owned subsidiaries Transatlantic Reinsurance Company Trans Re Zurich and Putnam offers reinsurance capacity for a full range of property and casualty products on a treaty and facultative basis directly and through brokers to insurance and reinsurance companies in both the domestic and international markets. One or both of Transatlantic Reinsurance Company and Putnam is licensed accredited authorized or can serve as a reinsurer in U.S. Puerto Rico and Guam. Transatlantic Holdings Inc. has a market cap of $3.11 billion; its shares were traded at around $46.86 with a P/E ratio of 9.03 and P/S ratio of 0.76. The dividend yield of Transatlantic Holdings Inc. stocks is 1.62%.

New Purchase: The Pepsi Bottling Group Inc. (PBG)

Michael Price initiated holdings in The Pepsi Bottling Group Inc.. His purchase prices were between $24.65 and $33.62, with an estimated average price of $31.2. The impact to his portfolio due to this purchase was 1.18%. His holdings were 100,000 shares as of 06/30/2009.

The Pepsi Bottling Group Inc. is the world's largest manufacturer seller and distributor of Pepsi-Cola beverages. Pepsi-Cola beverages sold include PEPSI-COLA DIET PEPSI MOUNTAIN DEW LIPTON BRISK LIPTON'S ICED TEA 7UP outside the U.S. PEPSI MAX PEPSI ONE SLICE MUG AQUAFINA STARBUCKS FRAPPUCCINO and KAS. The Pepsi Bottling Group Inc. has a market cap of $7.59 billion; its shares were traded at around $35.57 with a P/E ratio of 15.88 and P/S ratio of 0.55. The dividend yield of The Pepsi Bottling Group Inc. stocks is 2.02%. The Pepsi Bottling Group Inc. had an annual average earning growth of 7.1% over the past 5 years.

New Purchase: Regions Financial Corp. (RF)

Michael Price initiated holdings in Regions Financial Corp.. His purchase prices were between $3.95 and $7.21, with an estimated average price of $4.8. The impact to his portfolio due to this purchase was 1.15%. His holdings were 813,500 shares as of 06/30/2009.

Regions Financial Corporation is a regional bank holding company and hasbanking-related subsidiaries engaged in mortgage banking credit life insurance leasing and securities brokerage activities with offices in various Southeastern states. Through its subsidiaries Regions offers a broad range of banking and banking-related services. Regions Financial Corp. has a market cap of $3.92 billion; its shares were traded at around $5.64 with and P/S ratio of 0.41. The dividend yield of Regions Financial Corp. stocks is 0.71%. Regions Financial Corp. had an annual average earning growth of 1.2% over the past 10 years.

New Purchase: PepsiAmericas Inc. (PAS)

Michael Price initiated holdings in PepsiAmericas Inc.. His purchase prices were between $19.52 and $26.84, with an estimated average price of $24.7. The impact to his portfolio due to this purchase was 0.94%. His holdings were 100,000 shares as of 06/30/2009.

PepsiAmericas makes sells and delivers a broad portfolio of Pepsi-Cola core brands Cadbury beverages and other national and regional brands in the U.S. as well as Puerto Rico Jamaica the Bahamas Trinidad and Tobago Poland Hungary the Czech Republic and the Republic of Slovakia. PepsiAmericas Inc. has a market cap of $3.48 billion; its shares were traded at around $27.92 with a P/E ratio of 14.1 and P/S ratio of 0.7. The dividend yield of PepsiAmericas Inc. stocks is 2.01%. PepsiAmericas Inc. had an annual average earning growth of 5.9% over the past 10 years. GuruFocus rated PepsiAmericas Inc. the business predictability rank of 2.5-star.

New Purchase: HECKMANN CORPORATION (HEK)

Michael Price initiated holdings in HECKMANN CORPORATION. His purchase prices were between $3.95 and $5.15, with an estimated average price of $4.5. The impact to his portfolio due to this purchase was 0.77%. His holdings were 587,500 shares as of 06/30/2009.

HECKMANN CORPORATION operates as a blank check development stage company. It intends to acquire or acquire control of one or more operating businesses through a merger stock exchange asset acquisition reorganization or similar business combination. HECKMANN CORPORATION has a market cap of $417.18 million; its shares were traded at around $3.79 with and P/S ratio of 39.71.

New Purchase: Huntsman Corp. (HUN)

Michael Price initiated holdings in Huntsman Corp.. His purchase prices were between $4.06 and $6.67, with an estimated average price of $5.6. The impact to his portfolio due to this purchase was 0.7%. His holdings were 400,000 shares as of 06/30/2009.

Huntsman Corporation is among the world's largest global manufacturers of differentiated and commodity chemical products for a variety of industrial and consumer applications. Huntsman Corp. has a market cap of $1.69 billion; its shares were traded at around $7.11 with and P/S ratio of 0.17. The dividend yield of Huntsman Corp. stocks is 5.63%.

New Purchase: Websense Inc. (WBSN)

Michael Price initiated holdings in Websense Inc.. His purchase prices were between $16.04 and $19.45, with an estimated average price of $17.5. The impact to his portfolio due to this purchase was 0.69%. His holdings were 110,100 shares as of 06/30/2009.

Websense Inc. provide employee Internet management products that enable businesses to monitor report and manage how their employees use the Internet. The Websense Enterprise software and database product gives managers the ability to implement Internet access policies for different users and groups within their businesses and supports their efforts to improve employee productivity conserve network bandwidth and mitigate potential legal liability. Websense Inc. has a market cap of $685.77 million; its shares were traded at around $15.49 with a P/E ratio of 17.6 and P/S ratio of 2.32.

New Purchase: WellCare Health Plans Inc. (WCG)

Michael Price initiated holdings in WellCare Health Plans Inc.. His purchase prices were between $13.34 and $20.15, with an estimated average price of $17.1. The impact to his portfolio due to this purchase was 0.65%. His holdings were 100,000 shares as of 06/30/2009.

WellCare Health Plans Inc. provides managed care services targeted exclusively to government-sponsored healthcare programs focusing on Medicaid and Medicare. WellCare provides high-quality affordable healthcare services to members in Florida New York Connecticut Illinois and Indiana. WellCare Health Plans Inc. has a market cap of $1.05 billion; its shares were traded at around $24.85 with and P/S ratio of 0.16.

New Purchase: Valero Energy Corp. (VLO)

Michael Price initiated holdings in Valero Energy Corp.. His purchase prices were between $16.35 and $22.94, with an estimated average price of $19.9. The impact to his portfolio due to this purchase was 0.62%. His holdings were 105,000 shares as of 06/30/2009.

Valero Energy Corporation owns and operates refineries in the United States and Canada with a combined throughput capacity of approximately two million BPD making it one of the nation's top refiners of petroleum products. Valero is also one of the nation's leading retail operators with retail outlets in the United States and Canada under various brand names including Diamond Shamrock Ultramar Valero Beacon and Total. Valero Energy Corp. has a market cap of $9.19 billion; its shares were traded at around $17.79 with a P/E ratio of 5.26 and P/S ratio of 0.08. The dividend yield of Valero Energy Corp. stocks is 3.37%. Valero Energy Corp. had an annual average earning growth of 35.9% over the past 10 years. GuruFocus rated Valero Energy Corp. the business predictability rank of 4.5-star.

New Purchase: South Financial Group Inc. (TSFG)

Michael Price initiated holdings in South Financial Group Inc.. His purchase prices were between $1.26 and $2.17, with an estimated average price of $1.7. The impact to his portfolio due to this purchase was 0.62%. His holdings were 1,500,000 shares as of 06/30/2009.

The South Financial Group is a financial services company. It operates Carolina First Bank the largest South Carolina-based commercial bank; Citrus Bank a Florida banking subsidiary; Carolina First Mortgage Company the second largest mortgage loan servicer in South Carolina; and Carolina First Bank F.S.B. a savings bank which offers Bank CaroLine. Other subsidiaries include a full service brokerage company an automobile finance company and a small business investment company that invests principally in bank technology companies. (PRESS RELEASE) South Financial Group Inc. has a market cap of $304.47 million; its shares were traded at around $1.9 with and P/S ratio of 0.36. The dividend yield of South Financial Group Inc. stocks is 2.11%. South Financial Group Inc. had an annual average earning growth of 5% over the past 10 years.

New Purchase: JPMorgan Chase & Co. (JPM)

Michael Price initiated holdings in JPMorgan Chase & Co.. His purchase prices were between $32.44 and $38.88, with an estimated average price of $34.6. The impact to his portfolio due to this purchase was 0.6%. His holdings were 50,000 shares as of 06/30/2009.

J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking asset management private banking private equity custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate institutional and government clients. JPMorgan Chase & Co. has a market cap of $165.6 billion; its shares were traded at around $42.45 with a P/E ratio of 108.85 and P/S ratio of 2.46. The dividend yield of JPMorgan Chase & Co. stocks is 0.47%.

New Purchase: SunTrust Banks Inc. (STI)

Michael Price initiated holdings in SunTrust Banks Inc.. His purchase prices were between $13.17 and $20.61, with an estimated average price of $15.8. The impact to his portfolio due to this purchase was 0.43%. His holdings were 75,000 shares as of 06/30/2009.

SunTrust Banks Inc. is a commercial banking organization. The company provides a wide range of services to meet the financial needs of its growing customer base in Alabama Florida Georgia Maryland Tennessee Virginia and the District of Columbia. Its primary businesses include traditional deposit and credit services as well as trust and investment services. (Company Press Release) SunTrust Banks Inc. has a market cap of $7.51 billion; its shares were traded at around $21.05 with and P/S ratio of 0.82. The dividend yield of SunTrust Banks Inc. stocks is 1.9%. SunTrust Banks Inc. had an annual average earning growth of 2.3% over the past 10 years.

New Purchase: Enzon Inc. (ENZN)

Michael Price initiated holdings in Enzon Inc.. His purchase prices were between $5.77 and $8.15, with an estimated average price of $7. The impact to his portfolio due to this purchase was 0.42%. His holdings were 150,100 shares as of 06/30/2009.

Enzon Pharmaceuticals Inc. is a biopharmaceutical company dedicated to the development and commercialization of therapeutics to treat patients with cancer and adjacent diseases. Enzon's specialized sales force markets ABELCET ONCASPAR ADAGEN and DEPOCYT in the United States. In addition Enzon also receives royalties on sales of PEG-INTRON marketed by Schering-Plough Corporation and MACUGEN marketed by OSI Pharmaceuticals and Pfizer Inc. Enzon's product-driven strategy includes an extensive drug development program that leverages its proprietary technologies including a Customized Linker Technology PEGylation platform that utilizes customized linkers designed to release compounds at a controlled rate. Enzon also utilizes contract manufacturing opportunities to broaden its revenue base and enhance its organizational productivity. Enzon complements its internal research and development efforts with strategic initiatives. Enzon Inc. has a market cap of $339.75 million; its shares were traded at around $7.74 with and P/S ratio of 1.73.

New Purchase: ScheringPlough Corp. (SGP)

Michael Price initiated holdings in ScheringPlough Corp.. His purchase prices were between $22.05 and $24.5, with an estimated average price of $23.4. The impact to his portfolio due to this purchase was 0.24%. His holdings were 27,500 shares as of 06/30/2009.

Schering-Plough Corporation and its subsidiaries are engaged in the discovery development manufacturing and marketing of pharmaceutical products worldwide. The company operates primarily in the prescription pharmaceutical marketplace. However where appropriate the company has sought regulatory approval to switch prescription products to over-the-counter status as a means of extending a product's life cycle. ScheringPlough Corp. has a market cap of $44.3 billion; its shares were traded at around $27.12 with a P/E ratio of 15.07 and P/S ratio of 2.39. The dividend yield of ScheringPlough Corp. stocks is 0.96%.

New Purchase: Centex Corp. (CTX)

Michael Price initiated holdings in Centex Corp.. His purchase prices were between $8.43 and $11.5, with an estimated average price of $9.5. The impact to his portfolio due to this purchase was 0.19%. His holdings were 65,000 shares as of 06/30/2009.

Centex Corporation is the nation's premier company in building and related services: Home Building Home Services Financial Services Contracting and Construction Services Construction Products and Investment Real Estate. Centex Corp. has a market cap of $1.51 billion; its shares were traded at around $12.1 with and P/S ratio of 0.39.

New Purchase: MetroPCS Communications Inc. (PCS)

Michael Price initiated holdings in MetroPCS Communications Inc.. His purchase prices were between $13.86 and $17.37, with an estimated average price of $16. The impact to his portfolio due to this purchase was 0.16%. His holdings were 35,000 shares as of 06/30/2009.

MetroPCS Communications provides wireless communications services. MetroPCS Communications Inc. has a market cap of $3.08 billion; its shares were traded at around $8.76 with a P/E ratio of 20.37 and P/S ratio of 1.12.

New Purchase: Somerset Hills Bancorp (SOMH)

Michael Price initiated holdings in Somerset Hills Bancorp. His purchase prices were between $6.67 and $8.44, with an estimated average price of $7.5. The impact to his portfolio due to this purchase was 0.06%. His holdings were 22,200 shares as of 06/30/2009.

Somerset Hills Bancorp is the parent of Somerset Hills Bank a commercial bank operating through its main office in Bernardsville New Jersey and branch office locations in Mendham and Morristown New Jersey. In addition Somerset Hills Bank is the parent of Sullivan Financial Services Inc. a licensed mortgage company originating loans in New Jersey New York and Florida. Somerset Hills Bancorp has a market cap of $45.07 million; its shares were traded at around $8.7 with a P/E ratio of 33.46 and P/S ratio of 2.69. The dividend yield of Somerset Hills Bancorp stocks is 2.3%.

New Purchase: Cross Co (ATX)

Michael Price initiated holdings in Cross Co. His purchase prices were between $2.54 and $4.22, with an estimated average price of $3.6. The impact to his portfolio due to this purchase was 0.05%. His holdings were 34,806 shares as of 06/30/2009.

A.T. Cross Company has two reportable business segments: high quality writing instruments and pen-based computing products. The company manufactures fine writing instruments consisting of ball-point and fountain pens Selectip rolling ball pens (which also accommodate a porous point refill) mechanical pencils desk sets and ball-point refills. The company's writing instruments are offered in a variety of styles and materials. The company also markets certain writing instrument accessories. Cross Co has a market cap of $65.16 million; its shares were traded at around $4.3 with a P/E ratio of 15.36 and P/S ratio of 0.41. Cross Co had an annual average earning growth of 48.9% over the past 5 years.

New Purchase: Fifth Third Bancorp (FITB)

Michael Price initiated holdings in Fifth Third Bancorp. His purchase prices were between $3.57 and $8.48, with an estimated average price of $6.2. The impact to his portfolio due to this purchase was 0.02%. His holdings were 10,000 shares as of 06/30/2009.

Fifth Third Bancorp is a registered financial holding company and a multi-bank holding company. They engage primarily in commercial retail and trust banking data processing services investment advisory services and leasing activities. In addition the company provides credit lifeaccident health and mortgage insurance discount brokerage services andproperty management for its properties. Fifth Third Bancorp has a market cap of $6.08 billion; its shares were traded at around $10.53 with and P/S ratio of 0.71. The dividend yield of Fifth Third Bancorp stocks is 0.38%. Fifth Third Bancorp had an annual average earning growth of 8% over the past 10 years.

Reduced: PeapackGladstone Financial Corp (PGC)

Michael Price reduced to his holdings in PeapackGladstone Financial Corp by 89.03%. His sale prices were between $15.38 and $20.76, with an estimated average price of $17.5. The impact to his portfolio due to this sale was -0.04%. Michael Price still held 6,023 shares as of 06/30/2009.

The Peapack-Gladstone Financial Corporation is a bank holding company for Peapack-Gladstone Bank. The Bank is primarily dedicated to providing quality personalized financial trust and investment services to individuals and small businesses. PeapackGladstone Financial Corp has a market cap of $147.46 million; its shares were traded at around $16.92 with a P/E ratio of 13.37 and P/S ratio of 1.95. The dividend yield of PeapackGladstone Financial Corp stocks is 1.18%. PeapackGladstone Financial Corp had an annual average earning growth of 2.1% over the past 5 years.

Reduced: HOME BANCORP, INC. (HBCP)

Michael Price reduced to his holdings in HOME BANCORP, INC. by 28.53%. His sale prices were between $10.45 and $12.29, with an estimated average price of $11.3. The impact to his portfolio due to this sale was -0.12%. Michael Price still held 100,200 shares as of 06/30/2009.

HOME BANCORP INC. is a holding company for Home Bank. Home Bancorp has not commenced operations and has no assets. Home Bank is a federally chartered mutual savings bank. Home Bank is a community oriented savings bank offering a range of deposit and loan products primarily to individuals families and small to mid-sized businesses located in its market area as well as contiguous markets in south central Louisiana. HOME BANCORP, INC. has a market cap of $108.55 million; its shares were traded at around $12.16 with and P/S ratio of 3.88.

Reduced: M & F Worldwide Corp. (MFW)

Michael Price reduced to his holdings in M & F Worldwide Corp. by 24.19%. His sale prices were between $12.13 and $25.74, with an estimated average price of $17.5. The impact to his portfolio due to this sale was -0.2%. Michael Price still held 117,500 shares as of 06/30/2009.

M & F Worldwide is the world's largest producer of licorice extract and the leading designer manufacturer and supplier of high precision camera systems for the movie and television industries. M & F Worldwide Corp. has a market cap of $379.91 million; its shares were traded at around $19.65 with a P/E ratio of 4.44 and P/S ratio of 0.2. M & F Worldwide Corp. had an annual average earning growth of 14.1% over the past 10 years.

Reduced: Prudential Bancorp Inc. of Pennsylvania (PBIP)

Michael Price reduced to his holdings in Prudential Bancorp Inc. of Pennsylvania by 52.51%. His sale prices were between $11.6 and $12.39, with an estimated average price of $12. The impact to his portfolio due to this sale was -0.23%. Michael Price still held 106,700 shares as of 06/30/2009.

Prudential Bancorp Inc. of Pennsylvania is the `mid-tier` holding company for Prudential Savings Bank. Prudential Savings Bank is a Pennsylvania-chartered FDIC-insured savings bank. Prudential Bancorp Inc. of Pennsylvania has a market cap of $124.09 million; its shares were traded at around $11.21 with and P/S ratio of 4.54. The dividend yield of Prudential Bancorp Inc. of Pennsylvania stocks is 1.78%.

Reduced: Rowan Companies Inc. (RDC)

Michael Price reduced to his holdings in Rowan Companies Inc. by 21.74%. His sale prices were between $13.65 and $23.19, with an estimated average price of $18.6. The impact to his portfolio due to this sale was -0.42%. Michael Price still held 288,000 shares as of 06/30/2009.

Rowan Companies Inc. is a major provider of international and domestic offshore contract drilling services. The Company also owns and operates a manufacturing division that produces equipment for the drilling mining and timber industries. Rowan Companies Inc. has a market cap of $2.38 billion; its shares were traded at around $21.07 with a P/E ratio of 5.16 and P/S ratio of 1.08. Rowan Companies Inc. had an annual average earning growth of 10.9% over the past 10 years.

Reduced: Arkansas Best Corp. (ABFS)

Michael Price reduced to his holdings in Arkansas Best Corp. by 38.85%. His sale prices were between $21.4 and $29.99, with an estimated average price of $25.8. The impact to his portfolio due to this sale was -0.63%. Michael Price still held 174,700 shares as of 06/30/2009.

Arkansas Best Corporation is a diversified holding company engaged through its motor carrier subsidiaries in less-than-truckload and truckload shipments of general commodities through its freight forwarding and logistics subsidiaries in intermodal marketing and freight logistics services. Arkansas Best Corp. has a market cap of $748.17 million; its shares were traded at around $29.58 with and P/S ratio of 0.41. The dividend yield of Arkansas Best Corp. stocks is 2.03%. Arkansas Best Corp. had an annual average earning growth of 1.2% over the past 10 years.

Sold Out: Charlotte Russe Holding Inc. (CHIC)

Michael Price sold out his holdings in Charlotte Russe Holding Inc.. His sale prices were between $10.12 and $12.56, with an estimated average price of $11.5.

Charlotte Russe Holding Inc. is a rapidly growing mall-based specialty retailer of fashionable value-priced apparel and accessories targeting young women between the ages of 15 and 35. Through their fashion content merchandise mix exciting store layout and design and striking merchandise presentation the company projects fashion attitudes that appeal to customers from a broad range of socioeconomic demographic and cultural profiles. Charlotte Russe Holding Inc. has a market cap of $294.87 million; its shares were traded at around $14.04 with a P/E ratio of 52 and P/S ratio of 0.36. Charlotte Russe Holding Inc. had an annual average earning growth of 23.1% over the past 5 years.

Sold Out: REVLON INC (REV)

Michael Price sold out his holdings in REVLON INC. His sale prices were between $2.67 and $5.42, with an estimated average price of $4.6.

Revlon Inc. conducts its business exclusively through its subsidiary Revlon Consumer Products Corp. and its subsidiaries. They manufacture market and sell an extensive array of cosmetics and skin carefragrances and personal care products. Their brand names are REVLON COLORSTAY REVLON AGE DEFYING ALMAY and ULTIMA II in cosmetics; MOON DROPS ETERNA 27 ULTIMA II and JEANNE GATINEAU in skin care; CHARLIE and FIRE & ICE in fragrances; and FLEX OUTRAGEOUS MITCHUM COLORSTAY COLORSILK JEAN NATE PLUSBELLE BOZZANO and COLORAMA in personal care. REVLON INC has a market cap of $274.12 million; its shares were traded at around $5.32 with a P/E ratio of 12.09 and P/S ratio of 0.2.

Sold Out: Northeast Community Bancorp Inc. (NECB)

Michael Price sold out his holdings in Northeast Community Bancorp Inc.. His sale prices were between $7.27 and $9.26, with an estimated average price of $8.5.

Northeast Community Bancorp Inc. is a federally chartered stock holding company established to be the holding company for Northeast Community Bank. Northeast Community Bancorp's business activity is the ownership of the outstanding capital stock of the Bank. Northeast Community Bancorp MHC is the Company's federally chartered mutual holding company parent. As a mutual holding company the MHC is a non-stock company that has as its members the depositors of the Bank. The Company operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area and its lending territory. Northeast Community Bank operates six full-service offices in New York and a loan production office in Wellesley Massachusetts.. The dividend yield of Northeast Community Bancorp Inc. stocks is 1.49%.

Sold Out: Delta Air Lines Inc. (DAL)

Michael Price sold out his holdings in Delta Air Lines Inc.. His sale prices were between $5.7 and $7.88, with an estimated average price of $6.6.

Delta is America's fastest growing international carrier. Delta Air Lines offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service. Delta has added more international capacity than all other U.S. airlines combined and is the leader across the Atlantic. Delta Air Lines Inc. has a market cap of $5.42 billion; its shares were traded at around $7.02 with and P/S ratio of 0.24.

Sold Out: Thomas Properties Group Inc. (TPGI)

Michael Price sold out his holdings in Thomas Properties Group Inc.. His sale prices were between $1.28 and $2.03, with an estimated average price of $1.5.

Thomas Properties Group is a full-service real estate operating company. They have in-house expertise and resources in property acquisitions development asset and property management marketing leasing and financing. Their focus is on the acquisition development and management of office retail and multi-family properties on a nationwide basis. Thomas Properties Group Inc. has a market cap of $48.56 million; its shares were traded at around $1.89 with a P/E ratio of 23.63 and P/S ratio of 0.28. The dividend yield of Thomas Properties Group Inc. stocks is 2.65%.

Sold Out: The Goodyear Tire & Rubber Company (GT)

Michael Price sold out his holdings in The Goodyear Tire & Rubber Company. His sale prices were between $8.5 and $13.3, with an estimated average price of $11.4.

Goodyear is one of the world's largest tire companies. The company manufactures tires engineered rubber products and chemicals in facilities in numerous countries. It has marketing operations in almost every country around the world. (Company Press Release) The Goodyear Tire & Rubber Company has a market cap of $4.3 billion; its shares were traded at around $17.8 with and P/S ratio of 0.22. The Goodyear Tire & Rubber Company had an annual average earning growth of 23.3% over the past 5 years.

Sold Out: Tyco Electronics Ltd. (TEL)

Michael Price sold out his holdings in Tyco Electronics Ltd.. His sale prices were between $13.42 and $20.22, with an estimated average price of $17.6.

Tyco Electronics Ltd. global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; and wireless systems for critical communications radar and defense applications. They design manufacture and market products for customers in industries ranging from automotive appliance aerospace and defense to telecommunications computers and consumer electronics. Tyco Electronics Ltd. has a market cap of $10.42 billion; its shares were traded at around $22.74 with a P/E ratio of 18.64 and P/S ratio of 0.7. The dividend yield of Tyco Electronics Ltd. stocks is 2.81%.


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