Mohnish Pabrai bought more Delta Financial Corp., Harvest Natural Resources Inc., Cryptologic Inc., FreightCar America Inc., and Berkshire Hathaway. He sold half of his position in MDC Holdings Inc., half of Star Gas Partners LP, most of remaining Universal Stainless Alloy, and a good chunk of Lear.

James Altucher of Stockpickr says, "In this article, I want to focus on the Dogs of the Magic Formula: the 10 stocks that have been crushed over the past year that now meet the other criteria, which are described below."

Disclosure: I own shares of BRK, OVTI, TRLG, and CRYP