Hello Friends! I have not found much exciting to post the last couple of days and have thus not posted anything! (Is that circular reasoning or what?) It IS the weekend, and it is time to do a little retrospective work and see if the picks we have posted have done well since our listing. As always, remember to do your own due diligence and homework before investing in any of these stocks and consult with your investment advisor to make sure they are suitable investments for you!
During the week of January 5, 2004, I posted six stocks: Applied Films (AFCO), Dollar Tree (DLTR), UniFirst (UNF), Kenneth Cole Productions (KCP), Resources Connection (RCN), and American Medical Systems (AMMD). Of these stocks, I purchased and still own shares of AMMD in my trading account.
Applied Films was selected on Bob's Advice on January 5, 2004, at a price of $37.46. AFCO closed 3/19/04 at a price of $31.91, for a loss of $(5.55) or (14.8)%.
Dollar Tree (DLTR) was selected for the BLOG on 1/6/04 at a price of $31.85. DLTR closed at $29.06 on 3/19/04, for a loss of $(2.79) or (8.8)%.
UniFirst was posted on this blog on 1/7/04 (one of two posts for UNF actually!), at $27.11. UNF closed on 3/19/04 at $24.87 for a loss of $(2.24) or (9.0)%.
Kenneth Cole Productions (KCP) was picked for this website on 1/7/04 at a price of $31.95. KCP closed on 3/19/04 at $32.36 for a gain of $.41 or 1.3%.
On January 8, 2004, Resources Connection (RECN) was selected for the blog at $34.50. RECN closed at 3/19/04 at $33.96 for a loss of $(.54) or (1.6)%.
Finally, American Medical Systems (AMMD) was picked for Bob's Advice at $25.96 on 1/9/04. AMMD closed on 3/19/04 at $26.17, for a gain of $.21 or .8%.
Overall, it was a very difficult two months for our selections, with an average loss of (5.35)%.
Thanks so much for stopping by. If you have any questions, comments, or words of encouragement, please feel free to leave them right on the blog or email me at bobsadviceforstocks@lycos.com
Regards!
Bob