I haven't done this update for awhile so as we slip back....this gives us a little longer view...almost two months out now. The week of July 7th was not a busy week on the weblog for me. We actually only made two picks! Findwhat.com (FWHT)on 7/7/03, and Websense (WBSN) on 7/8/03.
We picked Findwhat.com on 7/7/03 at $22.16/share. FWHT closed yesterday 8/22/03, at $20.89 which is a loss of $1.27 or 5.7%. Websense was selected on 7/8/03 at $20.26. As of yesterday, WBSN closed at $23.63 a gain of $2.74 or a gain of 13%.
So, for the week, with just two picks we had one down 5.7% and the other up 13%. This gives us a net gain of 7.3% or an average gain of 3.65%. Nothing spectacular but at least moving in the right direction.
Thanks for stopping by! Please come back and visit soon. Be sure to stop by the main webpage: http://bobsadviceforstocks.tripod.com where there are links to my current trading portfolio as well as a summary of all of our picks on this site.
Have a great weekend!