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 we approach the end of 2007 and begin a new year in a couple of days, I thought that this was about as good a time as any to take a look at my Trading Account. I haven't been doing these updates quite as frequently as previously because you can all venture over to my Covestor Page where my holdings and performance are summarized and analyzed and compared to indices as well as other investors on the site.
In fact, I last reviewed my holdings on October 7, 2007, and my overall performance has been pretty neutral since that post.
This is the status of my account as of December 30, 2007. These holdings are listed in the alphabetical order of their trading symbols followed by number of shares, date of purchase, price of purchase, latest price (12/28/07), and percentage unrealized gain or (unrealized loss).
Abaxis (ABAX), 180 shares, 10/25/07, $28.29, $36.90, 30.42%
Cerner (CERN), 103 shares, 2/2/07, $49.76, $57.58, 15.71%
Copart (CPRT), 210 shares, 9/27/07, $33.73, $42.62, 26.36%
Covance (CVD), 102 shares, 4/9/07, $62.61, $87.28, 39.40%
Harris (HRS), 103 shares, 1/31/07, $50.05, $62.69, 25.25%
IHS (IHS), 140 shares, 10/1/07, $58.53, $61.21, 4.58%
Morningstar (MORN), 103 shares, 11/22/05, $32.57, $77.60, 138.22%
Precision Castparts (PCP), 64 shares, 10/24/06, $69.05, $138.54, 100.63%
ResMed (RMD), 150 shares, 2/04/05, $29.87, $52.55, 75.94%
Universal Electronics (UEIC), 155 shares, 2/23/07, $25.24, $33.33, 32.05%
Meridian Bioscience (VIVO), 199 shares, 4/21/05, $7.42, $30.57, 312.05%
VCA Antech (WOOF), 210 shares, 7/27/07, $41.04, $44.60, 8.68%
Currently I am at 12 positions with 20 being the maximum and 5 the minimum. My equity value is $90,809.41 with $28,702.47 in margin outstanding with a net account value of $62,105.02. My margin equity percentage is 68.30%, up from 57.11% at the last report in October.
As of December 28, 2007, I had a net of $27,511.45 in unrealized gains in the account. Since the first of the year I have taken a net of $282.20 in short-term gains and $30,851.56 in long-term gains giving me a total of $31,133.76 in realized gains.
I have had total income of $422.74 and have paid $(4,888.66) in margin interest as of this date.
This has been a very good year for me in the market. I hope that the market has treated you just as kindly. Wishing all of my friends the happiest and healthiest of New Years in 2008.