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Stock Picks Bob's Advice

Monday, 11 August 2003

How are we doing? A look at the week of June 30, 2003
The week of June 30, 2003, was a relatively slow week for this site. We posted five selections that week starting with TransMontaigne, Inc. (TMG) which was listed on 6/30/03 at $6.48. TMG closed today at $5.50 down $.98 or down (15.1%).

July 1, 2003, we selected Choicepoint Inc. (CPS) at $36.14. CPS closed today at $37.34. This is a gain of $1.20 or a gain of 3.3%.

Three stocks were selected on July 2, 2003, to close out the week of June 30th for selections: Digital River (DRIV) at $21.69, Metrologic Instruments (MTLG) at $35.60, and Mid Atlantic Medical (MME) at $55.56.

DRIV closed today at $20.84, down $.85 or down (3.9%), MTLG closed today at $29.89, down (16.0%), and Mid Atlantic Medical (MME) closed today at $50.53, down $5.03, or down (9.1%).

The market was NOT kind to our picks of 6/30/03; we had (9.1%), (16.0%), (3.9%), and (15.1%). We had only one stock with a gain of 3.3%.

We will have to see how these stocks do long term, but if they were in our trading portfolio, we would have sold all which reached an 8% loss.

Bob

Posted by bobsadviceforstocks at 9:25 PM CDT | Post Comment | Permalink

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