Hello Friends! Thanks so much for stopping by! As I always like to remind you, I am an AMATEUR investor so please do your own investigation of all stock investments discussed on this website and please discuss your choices with your financial advisor to make sure they are appropriate and timely for you!
It is Saturday and the good news is that the stock market in the United States did not actively drop today! (oh well...it is closed!) One of the things I like to do on weekends, and if you click on the calendar on the upper left of the blog, you can navigate through this and the preceding months, is to do a little retrospective analysis of past stock selections. Unfortunately, I DID post a selection on Sunday, February 15, 2004, that did NOT get reviewed last week, so I will add it on right here!
During the week I made five stock selections. The first selection to be reviewed in The Sportsman's Guide (SGDE) which was listed on 2/15/04 at $21.64. SGDE closed on 4/30/04 at $20.301, for a loss of $(1.339) or (6.2)%.
The next pick was MarineMax (HZO) which was listed on Bob's Advice on 2/17/04 at $26.52. HZO closed on 4/30/04 at $28.51 for a gain of $1.99 or 7.5%.
Marine Products (MPX) was posted on Stock Picks Bob's Advice at $29.45 on 2/18/04. MPX had a 3:2 split so the resultant "pick price" was actually $19.64. MPX closed on 4/30/04 at $17.68 for a loss of $(1.96) or (10)%.
The fourth stock listed that week was Omnivision Technologies (OVTI) which was Posted on Bobs Advice at $29.45 on 2/19/04. OVTI closed on 4/30/04 at $22.38, for a loss of $(7.05) or (24)%.
Finally, UniFirst (UNF) was posted on Stock Picks Bobs Advice at $26.83 on 2/21/04. UNF closed at $29.50 on 4/30/04 for a gain of $2.67 or 10%.
Overall how did we do? (First remember that this past seven weeks was a pretty AWFUL time for all investors) I had two stocks gaining: MarineMax, up 7.5%, UnikFirst (UNF) up 10%. Otherwise, the other three stocks lost money, ranging from $(6.2)%, to a loss of $(24)%. Averaging in all of the percentage changes, I find an average loss of (4.54)%.
Thanks again for stopping by! If you have any questions, comments, or words of encouragement, please feel free to email me at email@example.com