JUNE 11 ACTIVITY, OVERALL PERFORMANCE, CURRENT HOLDINGS
Covered all SCMR at 10.20 +1.15
Sold all SIRI at 14.50 -.70
Sold all INTU at 36.70 +6.04
Shorted 1/3 position WGAT at 6.85
13th straight profitable day today (pretty amazing streak in this market, especially being net short every day)
Very small profitable day today.
Made new all time highs again today.
DLIA, MRVC, HBIO were the only 3 stocks that went against me today for anything meaningful.
I am still boxed and neutral in TIVO.
Profit of $2,854 or 0.16% for the day.
Profit of $118,463 or 6.90% for the month of June.
(these results do not include my profits on TIVO June 5 naked calls)
Unrealized profit/loss in TIVO June 5 naked call options:
profit of $15,400 overall on these options based on closing ask of $3.10
Overall Performance since April 28, 2001:
Potfolio value is $1,836,412
Portfolio is plus $336,412 or +22.43%
I am currently about 13 to 12 to the short side (approximately 539K long and 583K short, 52% vs 48% to the short)
Portfolio is 61.11% invested
(these results do not include my June 5 naked TIVO call options gain/loss, will add to total results when I close the position)
Total realized gains since April 28, 2001 are $279,622
In 30 trading days since inception I am averaging a gain of 0.75% per trading day. (annualized thats 187%)
24 out of 30 profitable trading days.
Link for Current Holdings:
siliconinvestor.com
The link above mirrors my personal portfolio exactly.
On April 28, 2001 the portfolio was valued at 1.5 million
A full position represents 6% of portfolio or $100,000
At the end of each month, I dollar cost average 1/2 my profits into value mutual funds.
The portfolio is managed like a hedge fund. (a mix of value longs and overextended, overvalued shorts)
I try to limit my loses to 8-10% maximum and most of the time much smaller, based on a full position.
Many Happy Returns
traderpulse.com;
Michail |
