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 advisers prior to making any investment decisions based on information on this website.
As I like to do from time to time on this blog, I would like to share with you the current status of my Trading Portfolio. I last wrote up my "trading portfolio update" on June 7, 2007, a month ago. There have been a few changes since then. But the biggest development has been my partipation in Covestor. You now can check my Covestor page and see the daily changes, all trades, and my performance relative to the indices and other registered investors. Thus far, I have been doing quite well as it has been a fortunate month for me especially with he Ventana bid by Roche. I am always grateful when my portfolio and my investing strategy is woking; but I am aware that there will be times when nothing seems to work. Sometimes the most successful approach is about persistence and patience.
This past month also found me shaken-out of Gildan Activewear, which seemed to almost know I had sold on a dip and gleefully turned around to move higher making the top % gainers list that same day! O.K. that's a bit too anthropomorphic, but still, don't you just hate those days sometimes :).
So I am back to 19 positions. Let's take a look at them and I will share with you in order: the symbol, number of shares, date of purchase, price of purchase, latest price (7/6/07), and percentage gain (or loss).
Baldor Electric Co. (BEZ), 140 shares, 5/22/07, $47.19, $50.04, 6.04%.
Bolt Technology (BTJ), 129 shares, 1/12/07, $17.44, $56.43, 223.63%
Cerner (CERN), 120 shares, 2/2/07, $49.76, $58.23, 17.02%
Coach (COH), 61 shares, 2/25/03, $8.33, $49.37, 492.58%
Covance (CVD), 119 shares, 4/9/07, $62.61, $70.19, 12.10%
Hologic (HOLX), 120 shares, 1/31/07, $55.58, $56.46, 1.58%
Harris (HRS), 120 shares, 1/31/07, $50.05, $55.91, 11.71%
Kyphon (KYPH), 125 shares, 5/20/05, $29.21, $53.18, 82.03%
Mesa Labs (MLAB), 210 shares, 5/23/07, $24.05, $24.75, 2.90%
Morningstar (MORN, 140 shares, 11/22/05, $32.57, $47.61, 46.16%
MEDTOX Scientific (MTOX), 350 shares, 6/26/07, $28.58, $29.89, 4.57%
Precision Castparts (PCP), 86 shares, 10/24/06, $69.05, $127.82, 85.11%
Quality Systems (QSII), 88 shares, 7/28/03, $7.75, $39.04, 403.82%
ResMed (RMD), 150 shares, 2/4/05, $29.87, $41.72, 39.68%
Satyam Computer Services (SAY), 210 shares, 4/20/07, $25.55, $26.25, 2.73%
Starbucks (SBUX), 50 shares, 1/24/03, $11.40, $26.55, 132.80%
Universal Electronics (UEIC), 155 shares, 2/23/07, $25.24, $36.78, 45.72%
Meridian Bioscience (VIVO), 270 shares, 4/21/05, $7.42, $22.00, 196.54%
Wolverine World Wide (WWW), 200 shares, 4/19/06, $23.55, $28.51, 21.08%
Since my last review on June 7, 2007, I sold 23 shares of Ventana at $76.83, and the rest of the 139 shares of Ventana (VMSI) at $76.502 later the same day on 6/26/07. On that day I purchased 350 shares of MEDTOX at $28.5534, Bolt hit another appreciation target and I sold 1/7th of my holding (21 shares) at $50.52. Finally, on 7/5/07, I sold my 210 shares of Gildan at $33.1101 when it hit an (8)% loss after purchase.
Currently I am at 19 positions. My equity value is $119,962.09, my margin balance is at $56,031.51, giving me a 53.29% margin equity percentage. The account has a net value of $63,930.58.
As of 7/6/07, I have $33,571.01 in unrealized gains in my account, and with the above trades have taken $3,100.15 in net short-term gains, and $17,824.18 in net long-term gains for a total of $20,924.33 in realized gains for 2007. I also have paid $2,563.07 in margin interest and have received a total of $272.58 in ordinary dividends and distributions and miscellaneous income.
Please let me know if you have any comments or questions regarding my Trading Account. Please feel free to leave them on the blog or email me at email@example.com. If you get a chance, be sure and visit my Stock Picks Bob's Advice Covestor page, where you can see a third-party analysis of my holdings and performance.
Updated: Sunday, 8 July 2007 8:29 PM CDT