JUNE 4 ACTIVITY, OVERALL PERFORMANCE, CURRENT HOLDINGS
Covered all PLUG at 30.75 +2.75
Shorted 1/4 position VIXL at 5.05
Shorted full position TARA at 74.00
Another nice day today to start a new week.
Gapped up to new all time highs again.
Every stock went my way except INTU and IDN (both small losers today)
I am still boxed and neutral in TIVO.
Profit of $20,967 or 1.19% for the day.
Profit of $59,847 or 3.48% 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 $5,100 overall on these options based on closing ask of $4.10
Overall Performance since April 28, 2001:
Potfolio value is $1,777,796
Portfolio is plus $277,796 or +18.52%
I am currently about even in long and shorts (approximately 430K long and 452K short, 51% vs 49% to the short)
Portfolio is 49.63% 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 $247,194
In 25 trading days since inception I am averaging a gain of 0.74% per trading day. (annualized thats 185%)
19 out of 25 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 |
