Hello Friends! Thanks again for stopping by. Needless to add, please check with your investment advisor before making any investment decisions based on information on this BLOG. As usual on weekends, it is the time I like to take to review some of our recent past picks and see how they are doing over the short-run. Overall, we seem to be having better results over the six-month period rather than the 6 weeks...but then that is pretty obvious too.
During the week of November 3, 2003, I picked five stocks for inclusion here: Beazer Homes (BZH), Watson Pharmaceuticals (WPI), Rofin-Sinar Technologies (RSTI), Aceto (ACET), and LeapFrog Enterprises (LF).
BZH was selected on 11/5/03 at $106.34. It closed yesterday, 12/26/03, at $101.62 for a loss of $(4.72), or (4.4)%.
WPI was selected on 11/5/03 at $41.01. Watson closed yesterday, 12/26/03, at $45.58 for a gain of $4.57 or 11.1%.
RSTI was selected on 11/6/03 at $28.87. Rofin-Sinar closed on 12/26/03 at $32.08 for a gain of $3.21 or 11.1%.
Aceto was picked on 11/6/03 at $17.42. ACET closed 12/26/03 at $25.18 for a gain of $7.76 or 44.5%.
Finally, LeapFrog was picked on 11/7/03 at $35.71. LF closed 12/26/03 at $27.21 for a loss of $(8.50) or (23.8)%.
For the 6 week period, these five stocks have returned an average of 7.7%. That really isn't too bad...and if we had purchased all five and kept our 8% stops like we like, then we wouldn't have that big loss with LeapFrog...hmmm. Anyhow, I only have owned Rofin-Sinar in my trading account and stopped out of that before holding it very long.
Thanks again for stopping by! Please come back and visit often, leave lots of comments and critiques on the website, and if you have any other questions, comments, or words of encouragement, please feel free to email me at firstname.lastname@example.org