Marvin & Palmer Associates’s New Oriental EDU Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-10,200	Closed	-$299K	–	73
2014 Q1	$299K	Sell	10,200 -113,800	-92%	-$3.34M	0.26%	55
2013 Q4	$3.91M	Sell	124,000 -1,000	-0.8%	-$31.5K	2.35%	14
2013 Q3	$3.11M	Buy	+125,000	New	+$3.11M	2.04%	14