MAY 31 ACTIVITY, OVERALL PERFORMANCE, CURRENT HOLDINGS
Covered all LNUX at 3.65 +1.60 on 1/2 position and +1.45 on the other 1/2 position
Sold all RNWK at 11.35 +.05
Shorted full position TARO at 68.75
Shorted double position FNSR at 15.37
Shorted 1/2 position PLUG at 33.50
Another great day to close out a great month.
Gapped up to new all time highs again.
EPAY and HEPH were my only real losers today. (cant have everything)
I am still boxed and neutral in TIVO.
Profit of $29,367 or 1.74% for the day.
Profit of $217,949 or 14.53% for the month of May.
(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 $11,400 overall on these options based on closing ask of $3.50.
Overall Performance since April 28, 2001:
Potfolio value is $1,717,949
Portfolio is plus $217,949 or +14.53%
I am currently 3 to 2 to the short side (approximately 449K long and 608K short, 58% vs 42% to the short)
Portfolio is 61.56% 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 $218,485
In 23 trading days since inception I am averaging a gain of 0.63% per trading day. (annualized thats 157.50%)
17 out of 23 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 |
