Gruber & McBaine Capital Management’s Orion OEC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-45,900	Closed	-$826K	–	199
2015 Q1	$826K	Buy	45,900 +5,900	+15%	+$106K	0.22%	125
2014 Q4	$680K	Hold	40,000	–	–	0.19%	129
2014 Q3	$705K	Buy	+40,000	New	+$705K	0.2%	135