JUNE 14th DAILY ACTIVITY and OVERALL PERFORMANCE
Covered all VIXL at 4.10 +.95
Covered all STEM at 4.10 +1.45 on 1/3 position and +.94 on the other 1/3 position
Bought double position EMLX at 34.51
The streak finally ended, at least it was with a tiny loss only.
15th straight profitable days, it was a hell of a ride.
BSML, BVEW, MRVC and EMLX were the only 4 stocks that went against me today for anything meaningful.
EMLX basically single handidly ended the streak, as I got greedy after a nice upgrade and didnt play with a stop.
I am still boxed and neutral in TIVO.
Loss of ($7,680) or (0.41%) for the day.
Profit of $131,835 or 7.67% 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 $26,400 overall on these options based on closing ask of $2.00
Overall Performance since April 28, 2001:
Potfolio value is $1,849,784
Portfolio is plus $349,784 or +23.32%
I am currently about 3 to 2 to the long side (approximately 709K long and 496K short, 59% vs 41% to the long)
Portfolio is 65% 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 $357,051
In 33 trading days since inception I am averaging a gain of 0.71% per trading day. (annualized thats 177%)
26 out of 33 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 |
