Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice. As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisors prior to making any investment decisions based on information on this website.
Each weekend, unless I just plain fail to get around to it, I like to review stock picks from about a trailing one year period. This week I am up to the week of November 1, 2004. This review assumes a "buy and hold" strategy which is not thae actual strategy that I employ in my own portfolio. I like to sell my losing stocks quickly and completely, and my gaining stocks slowly and partially. But for the sake of this analysis, I believe a buy and hold review gives you a good feeling for the performance of stocks selected on this blog.
CalDive (CDIS) is a stock that besides writing it up as a 'pick', I also do own in my trading portfolio. I picked CalDive (CDIS) on Stock Picks Bob's Advice on November 3, 2004, when it was trading at $38.25. CDIS had a 2:1 stock split, giving me an effective 'pick price' of $19.13. CDIS closed at $42.10 on 1/13/06, for a gain of $22.97 or 120%.
On November 1, 2005, CalDive reported 3rd quarter 2005 results. For the quarter ended September 30, 2005, revenue climbed 58.6% to $209.3 million from $132.0 million the prior year. Net income grew 87% to $42.7 million from $22.8 million the prior year. Diluted earnings per share rose 78% to $1.05/share from $.59/share last year in the same period. This was a very strong report!
On November 5, 2004, I posted ValueClick (CCLK) on Stock Picks Bob's Advice when it was trading at $10.91. VCLK closed at $20.64 on 1/13/06 for a gain of $9.73 or 89.2% since picking this stock for the blog!
On November 1, 2005, ValueClick reported 3rd quarter 2005 results. For the quarter ended September 30, 2005, revenue grew 87% to $81.4 million from $37.9 million in the prior year same quarter. Net income for the quarter came in at $11.0 million or $.13/diluted share, compared with $7.6 million or $.09/diluted share in the prior year same quarter. In addition, the company raised fiscal 2005 guidance; all-in-all this was a very nice earnings report!
So how did we do on these two stocks? Well quite well actually. CDIS had a gain of 120% and VCLK had a gain of 89.2% during this same period. this works out to an average gain of 104.6%. Not too shabby at all :).
Anyhow, thanks again for stopping by! I shall try to get to my trading portfolio review tomorrow if I get a chance. You know how that is. If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.
Regards!
Bob