
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.
If you are a regular reader of my blog, you will know that I like to review my past stock picks each weekend with about a trailing one year period. Since I have missed a couple of wekeends along the way, this has grown to about a trailing 15 month period. This week, I am up to the week of November 29, 2004.
For the sake of reviews, I presume a "buy and hold" strategy for assessing my past stock picks. In reality, I use a very involved investment strategy, selling my losers quickly and completely at an 8% loss level, and then selling my gaining stocks slowly and partially at predetermined appreciation targets. I also have a strategy to sell stocks after they have reached targeted gains and then declined at certain pre-detmermined levels. All of these strategies will greatly affect the actual return in practice. But for the sake of these reviews, a buy and hold strategy is the easiest way to calculate returns!




So how did we do that week in November in 2004? Well since posting these two stocks, XXIA came in with a small (10.7)% loss and GIL came in with a fabulous 201.9% gain! Thus, the average performance for these two stocks was a gain of 95.6% since posting. Please remember that past performance is NO guarantee of future price performance! And unfortunately, I don't own Gildan or Ixia stock.
Thanks again for stopping by and visiting! If you have any questions or comments, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.
Bob