I am still having problems with "site builder" the website builder...so bear with me. I can edit the BLOG ok but not the main page. Anyhow, it is a weekend! I ran in my first 5K...I should say walked and came in somewhere around 500th out of 600 with a time about 45 1/2 minutes...walking. Lots of room for improvement I guess :).
About 7 weeks ago, we picked five stocks for the week of September 29, 2003. I like to look back a bit on weekends and see how what I picked is doing. The stocks selected were: SFBC International (SFCC) at $30.25 on 9/29/03, Ann Taylor Stores (ANN) at $32.14 on 9/30/03, TASER International (TASR) at $29.25 on 10/1/03, UTStarcom (UTSI) at $35.23 on 10/2/03, and Genesis Microchip (GNSS) at $13.28 on 10/3/03. Of these stocks, the only one that I purchased and still own is Ann Taylor Stores in my trading account.
SFCC has NOT done very well since my selection and closed on 11/21/03 at $24.51, down $1.63 on the day. Since our pick the stock is down ($5.74) or (19.0%).
Ann Taylor Stores (ANN) closed Friday, 11/21/03, at $37.52. This is up $5.38 or 16.7% since listing it on this website. As noted earlier, I also purchased some ANN in my trading account about the time of my stock listing.
TASR is probably the most SPECTACULAR pick on our board for some time. TASR closed Friday, 11/21/03, at $70.71, up $41.46 or 142.0% since the post. Unfortunately, I repeat, I did not buy any shares!
Since UTSI was selected, the stock price has barely budged moving from $35.23 to $35.75, a gain of $.52 or 1.5%.
My final pick that week was Genesis Microchip at $13.28 on 10/3/03. GNSS closed at $18.14 on 11/21/03. This was a nice gain for this stock of $4.86 or 36.6%.
Thus, during the week, we had five stocks with the following performances: (19.0%), 16.7%, 142.0%, 1.5%, and 36.6%. The average performance was a gain of 35.56%. This is one of the BEST performances (and mostly driven by TASR) that I have reviewed on this website!
Thanks again for visiting. Please, I repeat PLEASE, discuss all of these ideas on this website with your investment advisor as there is no guarantee for their continued performance, no guarantee that they are appropriate for you, and in fact may result in considerable financial loss.
If you have any questions, or comments, you can leave them here under "no comments" below each posting, or email me at bobsadviceforstocks@lycos.com
Bob