Stock Market Double Portfolio
Up 22% in 50 days!
Stock Market Double 22% gain
vs. Dow Jones 6% gain
Start Date: 12/12/2011
Starting balance: $10k
Current Balance : $12,183.32 (interday 2/1/12)
Gain: 22%
Current Holdings
Portfolio Commentary:
In about 50 days, the account is up 22%. A couple of days ago, I made my first trades in the account since the original purchase of 525 shares of GEOY. I sold them at $22, for a profit of about 15%. I then re-invested into BIOF, CPY, DYSL and MBND. Both DYSL and MBND are up nicely. (see chart above)
I sold GEOY because it just didn't seem to be going anywhere. I feel strongly that GEOY will move higher at some point this year, just not sure when. It had gone up 15% in the first week that I had bought it, but had remained in a range for the past 5 weeks. At the same time, I saw an opportunity in DYSL, it had come down from $2.39 to $1.88 where I picked it up.
And btw, am I the only one who is scared to buy into Apple right now? The thing that Warren Buffett says about investing in companies with strong management keeps popping up in my head. Steve Jobs was a true genius, whomever the replacement is, he has to be a come down from Mr. Jobs. Apple just had another blow out quarter, but I'm thinking, all it will take is one bad earnings report and traders will be tripping over themselves to get out the door.
Up 22% in 50 days!
Stock Market Double 22% gain
vs. Dow Jones 6% gain
Start Date: 12/12/2011
Starting balance: $10k
Current Balance : $12,183.32 (interday 2/1/12)
Gain: 22%
Current Holdings
Symbol
|
Last Trade
|
Shrs
|
Holdings Value
|
Average Price Paid
|
Gain/Loss
| |
BIOF
|
.62
|
4804
|
$2912.67
|
.62
|
0
|
0%
|
1.60
|
1873
|
$3,002.42
|
1.59
|
$24.35
|
.82%
| |
DYSL
|
2.00
|
1584
|
$3168.00
|
1.88
|
$190.08
|
6.39%
|
MBND
|
3.33
|
931
|
$3100.23
|
3.20
|
$129.60
|
4.35%
|
$$CASH
|
0
|
-
|
-
| |||
Total
|
$12183.32
|
$324.65
|
2.73%
| |||
SPY
|
0.97%
| |||||
Portfolio Commentary:
In about 50 days, the account is up 22%. A couple of days ago, I made my first trades in the account since the original purchase of 525 shares of GEOY. I sold them at $22, for a profit of about 15%. I then re-invested into BIOF, CPY, DYSL and MBND. Both DYSL and MBND are up nicely. (see chart above)
I sold GEOY because it just didn't seem to be going anywhere. I feel strongly that GEOY will move higher at some point this year, just not sure when. It had gone up 15% in the first week that I had bought it, but had remained in a range for the past 5 weeks. At the same time, I saw an opportunity in DYSL, it had come down from $2.39 to $1.88 where I picked it up.
And btw, am I the only one who is scared to buy into Apple right now? The thing that Warren Buffett says about investing in companies with strong management keeps popping up in my head. Steve Jobs was a true genius, whomever the replacement is, he has to be a come down from Mr. Jobs. Apple just had another blow out quarter, but I'm thinking, all it will take is one bad earnings report and traders will be tripping over themselves to get out the door.
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