He took profits in the stock when he sold Ocwen on Aug. 21, 2012 for around $85-$90. He recently reentered Altisource Portfolio Solutions on March 19, as analysts were taking down estimates post the fourth-quarter earnings report to reflect more conservative margin assumptions (due to various growth investments). Doug bought on a scale, bidding under the market. He bought dips and sold rips along the way but remains invested in this name today -- albeit, in a very small position. If anyone played this for a maximum profit, it has traded above $120 since Doug's initial buy/suggestion. The third and final trade to highlight in this trio is the trade in Altisource Asset Management ( AAMC). Yet another play on the family that originated with Ocwen. Altisource Asset Management provides portfolio management and corporate governance services to investment vehicles that own real-estate-related assets. This is Doug's stock of the year for 2013. As Doug explained, this group of companies has been so successful because, "In a sense, the management of Ocwen Financial has created an ecosystem similar to Apple ( AAPL) in which there are these symbiotic relationships between the components (ASPS, RESI and AAMC)." He had trouble getting in on the when-issued trading of the stock (as it spun out of Altisource Portfolio Solutions) at $16 a share, but was able to buy an odd lot on Dec. 14, 2012, at $42 a share. He quickly bought another tranche under $59 on Dec. 28, 2012. The shares had serious momentum early on and hit $100 on Jan. 11, 2013, about a month after the initial offering. Prudently, Doug sold some shares for $127 on Jan. 15 and took more profits, selling a majority of the remaining shares, on March 21 after the stock neared $150. (He still holds a small position in the name.) So, there you have a road map of three of Doug's very profitable long trades. Later in the week, I plan to take a deeper dive into his winning trades on the short side.