Really haven't been too busy in this BLOG last couple of days. But sure have been busy at work! It is the weekend and we have a few hours to catch up with things...including this site! This is a great time to look back and see how we have been doing....have out picks been working out? Does what I am posting here make sense? The best test is the performance of these issues AFTER they are posted!
Our last look-back was for the week of May 26th...posted about 2 weeks ago...let's look at the following week when I was quite busy making picks...the week of June 2, 2003...about 5 weeks ago.
The first pick on 6/2 was Expressjet Holdings Inc (XJT) on the NYSE. At that time, XJT was trading at $12.60. Currently XJT as of 7/11/03, is priced at $15.20. This is a nice move from our pick of $2.60 or 20.6%.
Also on 6/2 we picked ACS, Affiliated Computer Services. This one has NOT performed well, and in fact was SOLD out of my trading portfolio on weakness. (I do not bat 100%!). We picked ACS on 6/2 at $49.18. Currently ACS is trading at $44.05, or a loss of $5.13 or (10.4%).
Coach, Inc. was picked on 6/2/03 at $51.53. Currently COH closed as of 7/11/03 at $55.33. this is a gain of $3.80 or a gain of 7.37%.
We also selected UFM, United Financial Mortgate, on 6/2/03 at $8.05. UFM closed on 7/11/03 at $8.40. This is a gain of $.35 or a gain of 4.34%.
On June 3, 2003, we selected SEM, SCHS, and WAG. SEM, or Select Medical Corporation, was trading at $22.10. Currently, as of 7/11/03, SEM is at $26.95 or a gain of $4.85. This represents a gain of 21.9%.
Also on June, 3, 2003, we picked School Specialty, Inc., which was at that time trading at $25.45. Currently, SCHS, as of 7/11/03, is at $30.61. This is a gain of $5.16 or a gain of 20.27%.
WAG, or Walgreens, was picked on 6/3/03 at $32.17. WAG closed on 7/11/03 at $30.90 or a loss of $1.27 or (3.9%).
On June 4, 2003, EELN was selected here at $5.06. E-Loan, Inc. closed at $6.59 on 7/11/03. This is a gain of $1.53 or 30.2%. A very nice move!
I was busy posting again on June 5, 2003, when we listed CBK, APPX, MWRK, and KMX.
CBK, Christopher and Banks, Corp., was trading at $33.45 when we picked it on 6/5/03. On 7/11/03, CBK closed at $37.19, a gain of $3.74 or a gain of 11.2%.
APPX, American Pharmaceutical Partners, was trading at $37.39 when we posted it on 6/5/03. APPX closed at $40.93 on 7/11/03, a gain of $3.54 or a gain of 9.5% since posting.
MWRK, or Mothers Work, Inc., was picked on 6/5/03 at $25.55. MWRK closed at $30.19 or a gain of $4.64 or a gain of 18.2% during this short period.
The last pick of 6/5/03 was KMX, or Carmax, Inc. which was trading at that time at $28.65. KMX closed at $34.40 on 7/11/03. This is a gain of $5.75 or a gain of 20.06%.
The final pick for the week was CAH, or Cardinal Health, Inc. CAH was trading at $64.17 on that day. on 7/11/03, CAH closed at $64.89. This is a gain of $.72 or a gain of 1.1% for the 5 week period.
Overall, not too bad a job! The thirteen selections of that week had gains of 20.6%, 7.3%, 4.34%, 21.9%, 20.27%, 30.2%, 11.2%, 9.5%, 18.2%, 20.06%, and 1.1%. Only two stocks had losses of (10.4%), and (3.9%). Averaging this performance, we have an average gain of 11.6% for the 5 week period.
To get more details about these selections, click on the dates along the left side of this BLOG in the Calendar and the postings will pop up.
I hope everyone has a great weekend and I will try to update the rest of this site including my trading portfolio later this weekend! Regards to all my friends!
Thanks for stopping by!
Bob