Gruber & McBaine Capital Management’s United Airlines UAL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-69,100	Closed	-$2.61M	–	205
2013 Q4	$2.61M	Sell	69,100 -105,900	-61%	-$4.01M	0.68%	37
2013 Q3	$5.37M	Buy	175,000 +75,000	+75%	+$2.3M	1.62%	9
2013 Q2	$3.13M	Buy	+100,000	New	+$3.13M	1.06%	27