Razor's Runts (12/18/00) - 1 Yr Anniversary - Adieu
Well, boys and grrls, it's been exactly one year since the official debut of the Runts, and what a year it was. Whew!
As "Boom 2000" draws to a close, and "2001 - The Crisis" begins playing at a theater near you, this anniversary post will be my last update.
Summary Re-cap:
Percentage
Company Name (Ticker) 12/17/99 12/18/00 Difference
------------------------------ -------- -------- ----------
Harken Energy (HEC)* $7.50 $3.13 (58.3%)
Miller Exploration (MEXP) $1.06 $1.44 35.3%
Canadian 88 Energy (EEE) $1.19 $2.38 100.0%
Hurricane Hydrocarbons (HHLFQ)** $2.00 $5.09 154.7%
Range Resources (RRC) $2.81 $5.88 109.1%
McDermott International (MDR) $7.44 $8.44 13.4%
------------------------------ -------- -------- ----------
Average $3.67 $4.39 59.0%
-------- -------- ----------
* Price adjusted for 10-1 reverse split on 11/07/00.
** Emerged from bankruptcy. Nows trades under HHLF.
Conclusions?
Average return over 12 months = 59%.
Message 12328125
In keeping with the baseball theme I used in my introduction a year ago, I grade my own performance as "mixed": One horrible, line-drive, triple-play to the second baseman on the downside; a single, a double, and three homers on the upside. Needless to say, it could've been better, but I'll still take it. ;-)
Merry Christmas and a Happy 2001 to everyone on the SD thread!
Best regards,
Razor
PS - Cliffie: This, Bud, was for you. <ggg> |
