Hello Friends! It is almost the END of the weekend and I haven't gotten my homework for this website done yet. For those of you who know me, this has got to be my life's story...last minute you know. Well let's see if we can get this accomplished. As always, here comes the disclaimer (!), remember to do all you own research before making any investment decisions based on information on this website, and PLEASE consult with your investment advisors to make sure that investment decisions you make are timely and appropriate for you!
Well, we are up to the week of February 2, 2004, for our short-term review....about ten weeks out...and about 7 months out on the longer-term view. Soon I will have this BLOG up for a full year....I once heard if you can do something regularly for six weeks then you are likely to succeed in continuing to perform this activity...and so MANY blogs I come across...well the authors just seep to poop out. (Is that good English)...but you know what I mean. ANYHOW, to make a short story long, let's take a look at that first week in February.
On Bob's Advice, I made six selections that week: Avon Products (AVP), Hain Celestial Group (HAIN), American Dental Partners (ADPI), Claire's Stores (CLE), Starcraft (STCR), and Mine Safety Appliances (MSA). Of these six, the only stock that I purchased and continue to own is CLE which I own in my "Current Trading Portfolio".
AVP was selected at $68.29 on 2/4/04. AVP closed at $79.01, for a gain of $10.72 or 15.7%.
Also on 2/4/04, I picked HAIN for the blog at a price of $22.55. HAIN closed at 4/16/04 at $20.19 for a loss of $(2.36) or (10.5)%.
Finally, on 2/4/04, I posted ADPI on the blog at $13.00. ADPI closed at $15.02 on 4/16/04 for a gain of $2.02 or 15.5%.
On 2/5/04, I came across CLE and posted Claire's when it was trading at $20.30. CLE closed at $20.82 on 4/16/04 for a gain of $.52 or 2.6%.
On February 6, 2004, I listed Starcraft (STCR) on Bob's Advice at $17.50. STCR closed at $14.68 on 4/16/04 for a loss of $(2.82) or (16.1)%.
Finally, on Sunday, 2/8/04, I posted MSA on Bob's Advice at a price of $27.13. MSA closed on 4/16/04 at $28.70 for a gain of $1.57 or 5.8%.
Due to the two significant losses which almost overcame all of the profits in the other four picks, the average gain for the six stocks over the 10 week period was 2.17%.
Thanks so much for stopping by! If you have any questions, comments, or words of encouragement, please feel free to email me at firstname.lastname@example.org